Millions of dollars in energy-efficiency grants and low-interest loans are available for businesses in the Wisconsin cities of Madison, Milwaukee and Racine, reports the Wisconsin State Journal. Unused money at the end of the $20 million program — it expires in seven months — will be returned to the federal government.
The Obama Administration, mostly through the U.S. Department of Energy (DoE), has consistently pushed alternative energy and energy efficiency during the past seven-plus years. Another way in which the administration has backed these efforts is through Property Assisted Clean Energy (PACE) loans. A significant step in this area was taken earlier this month.