Yowza! Looks like the State Energy Conservation Office (SECO) won the stimulus dollars scratch off, big time. SECO, which usually has a budget of around $2 million, will get an additional $233.8 million of federal money due to the stimulus bill. That’s quite a sum that will be available to the state for energy efficiency and renewable energy projects, green jobs training programs, and building retrofits.
The Select Committee on Federal Economic Stabilization held a hearing last week to make sure that SECO could handle this influx of funds and spend it wisely.
SECO’s response, in a nutshell, was “No Sweat.” Which I certainly hope is true. This is an incredible amount of money, and should be used as efficiently (yuk yuk yuk) as possible.
The agencies didn’t ask for help making policy changes to draw the dollars down from Washington, and they generally reported they had programs already in place to administer the money.
Robert Wood, the director of local government assistance and economic development, said the State Energy Conservation Office would have no problem spending the $233 million expected to flow through the State Energy Program. While there were some strings attached, the strings would not require SECO to make any changes not already planned pre-stimulus. (more…)