Monday 11 January 2016

US invests $46m to boost energy efficiency

US invests $46m to boost energy efficiency

The US has awarded $46 million (£31.2m) to boost energy efficiency and renewable projects.

The Department of Agriculture is providing the cash to an energy company in Vermont to make improvements in rural areas across the state.

It aims to help householders save money by installing green energy systems, energy-saving technologies abd switching to cleaner and more efficient fuel sources.

Agriculture Secretary Tom Vilsack said: "This loan will reduce barriers to energy investments by lowering the upfront costs, spreading these costs over 20 years and by making financing more available. It also will help residential, commercial, agricultural and industrial consumers in rural Vermont, reduce energy use and meet state and national energy goals."

Written by

Bruna Pinhoni

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