State officials praise demand for energy efficiency funding

The Associated Press

State officials are praising what they call a "strong demand" for an initial $25 million for energy efficiency and renewable energy projects.

PROVIDENCE, R.I. (AP) — State officials are praising what they call a "strong demand" for an initial $25 million for energy efficiency and renewable energy projects.

Democratic Gov. Gina Raimondo, Treasurer Seth Magaziner and others say the state's Office of Energy Resources has received 27 applications since it began accepting applications in January.

The projects will be funded through the Rhode Island Infrastructure Bank's Efficient Buildings Fund, which provides financing to public entities to promote energy efficiency.

Officials say the projects will reduce energy consumption by municipalities and school districts, reduce related costs and create jobs.

The office has reviewed and scored each application and announced a priority list.

Proposals that were "shovel-ready" and would reduce energy usage by at least 20 percent received preference.

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