The stimulus package passed in February is about more than just shoring up business-as-usual organizations, says Pembroke Consulting’s Adam Fein. Fein identified more than $15 billion that has been allocated to enhance or create green projects on the state and federal level – a significant increase over previous funding. For example, state energy programs will receive $3.1 billion dollars – a funding jump of 70% over 2008.
This new funding can be a boon for distributors, particularly those that service the electrical and homebuilding/renovation sectors. Money will flow into projects for weatherization – anything from rewiring to insulation – and for improving the smart grid.
States and municipalities are still trying …
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