Transcript ARRA Funding Opportunities

South Carolina Energy Stimulus
Provision Overview
Trish Jerman
May 8, 2009
S.C. Energy Office Mission
To increase energy efficiency and diversity, enhance
environmental quality and save energy dollars for
South Carolina.
History of SCEO
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Initially established in 1973
Formally constituted into law by the S.C.
Energy Conservation and Efficiency Act of
1992
Now an office of the State Budget and Control
Board
Programs
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Transportation Alternatives
Renewable Energy
Energy Efficiency
Energy Education and Outreach
Radioactive Waste Disposal
Energy Planning and Forecasting
Stimulus funding overview
Competitive
Tax incentives
Formula funding
Competitive Funding
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Competitive funds
◦ Diesel Emission Reduction Act (DERA) – EPA
 Four grants submitted
 DOT Diesel oxidation
 3 engine repowers of locomotives for S C Railroad Commission
 2 Truck stop electrification sites on I-85 & I-95
◦ Clean Cities - $300 M May 29
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SC and NC joint proposal ($10/$5)
400 propane vehicle conversions
20 E85 and B20 stations
several CNG fueling stations and conversions
biodiesel distribution equipment (in 6 of 7 non-attainment areas)
infrastructure for plug-in hybrids in Greenville, Columbia
Competitive Funding
◦ Additional biofuel funding coming soon
◦ Additional wind funding coming soon
◦ Appalachian Regional Commission Energy Efficiency for
Schools
 Due June 30
 $250,000/max $45,000 50% match
 Installing renewable energy and energy efficiency equipment in K-12
schools in Appalachia, support for implementation of associated
science, environment and business curricula in classroom
 Anderson, Cherokee, Greenville, Oconee, Pickens & Spartanburg
 Can match federal funds
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$250 Million
Grants and loans for HUD owners and
purchasers to use sustainable Green Building
Principles
http://www.hud.gov/recovery/aheretrofith.cf
m
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$80 Million to conduct resource assessment
and analysis of future demand and
transmission requirements
Renewable Energy and the Grid
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$2.4 billion
Finances state, municipal and tribal government
programs and initiatives used to reduce green
house gas emissions
Provides interest free financing for clean energy
projects—instead of paying interest, these tax
credit bonds pay the bondholder by providing a
credit against their federal income tax
Can be used for Green Community Programs
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$400 Million
Supports high-risk, high-payoff research into
energy sources and energy efficiency in
collaboration with industry
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$6 Billion
Loan guarantees for
renewable energy,
electric transmission
technologies, or
leading-edge biofuel
technologies
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Principal purpose of
this program is to
encourage early
commercial use of new
or significantly
improved technologies
http://www.lgprogram.
energy.gov/
Competitive Funding
◦ Transportaton Electrification – $400 M
 (geared toward manufacturers)
◦ Manufacturing of advanced batteries - $2B
◦ Smart Grid - $4.5B
 Some interest among SC utilities
◦ Fossil energy R&D - $3.4B
◦ Uranium enrichment, decontamination and
decommissioning - $390M
◦ Energy science research - $1.6B
Tax Incentives
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About $7 billion allocated for home energy
efficiency, home renewable energy,
alternative vehicles, and renewable energy
manufacturing and investment.
Tax Credits
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Renewable Energy Tax Credit (Residential)
30% tax credit for residential applications of:
◦ Solar Water Heat, Photovoltaics, Wind, Fuel Cells,
Geothermal Heat Pumps, Other Solar Electric
Technologies
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Applicable to dwelling unit located in the U.S.
used as a residence by the taxpayer
◦ Fuel cell credit only for primary residence, other
applications may be primary or second home
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Can be carried forward to next tax year
Program extended until 2016
Tax Credits
Plug-in Electric Drive Vehicle Credit
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Expands and extends existing credit
Alternative Refueling Property
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Expands credit from 30% to 50% for next 2 years
Energy-Efficient Improvements to Existing
Homes
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Extends credit to 2010
Aggregate cap of $1500
Limit of 30%
Covered items not intuitive—check the list!
Tax Credits
Repeal Subsidized Energy Financing
Limitation on the Investment Tax Credit
Removal of Dollar Limitations on Certain
Energy Credits
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Uncapped 30% credit for solar, small wind,
geothermal
Permanent Sequestration Requirement to
CO2 Capture Tax Credit
Parity for Transit Benefits
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Equalizes benefits for parking and transit
Tax Credits
Advanced Energy Investment Credit
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Extend the Production Tax Credits for
Renewable Energy
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30% investment tax credit for manufacture of
advanced energy property
Wind through 2012, others through 2013
Election of Investment Credit in lieu of
Production Tax Credits (30%)
Election of Grants for Specified Energy
Property in lieu of Tax Credits (30%)
Tax Credits
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Manufacturer’s Tax Credit for Clean Energy
Products
◦ establish, re-equip, or expand manufacturing
facilities for variety of clean energy products
◦ 30% credit
Formula Funding
◦ SEP - $3.1B ($50M for S.C.)
◦ Weatherization Assistance Program - $5B
($58.8M for S.C.)
◦ Energy Efficiency and Conservation Block Grants $2.8B ($31M for S.C.)
◦ Worker training - $3.95B ($64M for S.C.)
◦ ENERGY STAR appliance rebate program - $300M
(estimated $4.5M for S.C.)
Energy Efficiency and Conservation
Block Grant Program
Energy Efficiency and
Conservation Block Grants
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$400 million in competitive funds to be
available directly to local and tribal
governments to support energy efficiency and
conservation and renewable energy in
government facilities.
Department of Energy guidelines have not yet
been issued.
Energy Efficiency and
Conservation Block Grants
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Around $22 million available directly to 10
most populous cities and counties in state,
plus the Catawba Indian Tribe ($173,900).
Complete list of allocations on the following
slides.
These entities must submit their plans for
their direct EECBG allocations to the U.S.
Department of Energy by June 25, 2009.
(www.energy.gov/recovery)
Allocations for 10 largest cities
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Charleston City - $1,138,700
Columbia City - $1,424,100
Goose Creek City - $153,600
Greenville City - $743,400
Mount Pleasant City - $593,700
North Charleston City - $978,500
Rock Hill City - $630,600
Spartanburg City - $192,900
Summerville City - $185,600
Sumter City - $179,400
Allocations for 10 largest counties
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Aiken County - $646,100
Anderson County - $751,200
Beaufort County - $636,000
Florence County - $572,300
Greenville County - $3,435,400
Horry County - $2,400,800
Lexington County - $2,268,600
Richland County - $2,116,800
Spartanburg County - $2,221,800
York County - $586,200
Energy Efficiency and
Conservation Block Grants
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$5.75 million in competitive grants also will
be available through the South Carolina
Energy Office via COGs to cities/counties
not in the list of 10 largest.
SCEO ConserFund Revolving Loan Program
can be used to supplement grants (3%
interest rate) and will be considered
leveraged (non-federal) funds.
Jurisdictions should apply directly to COGs.
Energy Efficiency and
Conservation Block Grants
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Emphasis on ROI, economic development
impact and job creation.
Applications from COGs available on or
before May 31, 2009, with the deadline for
submission tentatively September 1, 2009.
$5.75 Million Competitive Allocation
COG
Dollars
Share
Population
Appalachian
$841,338
14.6%
240,771
BerkeleyCharlestonDorchester
$990,491
17.2%
283,455
Catawba
$467,174
8.1%
467,174
Central Midlands
$213,037
3.7%
60,966
Lowcountry
$286,767
5.0%
82,066
Lower Savannah
$536,841
9.3%
153,631
Pee Dee
$709,395
12.3%
203,012
Santee Lynches
$615,491
10.7%
176,139
Upper Savannah
$760,297
13.2%
217,579
Waccamaw
$335,269
5.8%
95,946
Totals
$5.75
million
100%
1,647,259
State Energy Program
State Energy Program
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South Carolina – $40 Million in formula
funding (75% grant, 25% loan).
Will be used for energy-saving projects for
school districts, public colleges and
universities, and state agencies.
Funding allocated based on size of energy
bill.
Applications are tentatively due on September
1, 2009.
State Energy Program
Total
Allocation
Grant
(75%)
Loan
(25%)
School
Districts
$20.36
million
$15.27
million
$5.09
million
Public
Higher Ed
$12.22
million
$9.16
million
$3.05
million
State
Agencies
$7.42
million
$5.56
million
$1.85
million
State Energy Program
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Additional funds to be allocated for:
◦ $3 million - Renewable energy grants (non-profits
to be eligible)
◦ $3 million - Residential energy evaluation and
assessment
 Partnership with Governor’s Office of Economic
Opportunity (OEO) and utilities
◦ $3 million - Industrial incentives
◦ $50,000 - Small business/Utility equipment loan
program
State Energy Program
◦ $1 million Training
 South Carolina Energy Efficiency Training Collaborative
(partnership between OEO, S.C. Dept. of Commerce,
S.C. Technical College System, South Carolina Energy
Office, and utilities)
 HERS, BPI assessment and core competencies,
industrial and institutional auditing, renewable
technicians
www.energy.sc.gov
www.energy.gov/recovery
South Carolina Energy Office
408 Wade Hampton Building
Columbia, S.C. 29201
(803) 737-8030
[email protected]