The Energy Independence Strategy
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The Energy Independence Strategy |
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The Energy Independence Strategy: Protecting Consumers, Growing the Economy, Strengthening National Security
At a time when conventional energy prices are at or near record highs, electricity consumers are facing double-digit increases in their rates and America’s national security is jeopardized by its growing dependence on foreign oil, Pennsylvania is investing $665.9 million to spur the development of alternative and renewable energy sources and help families and small business conserve energy and use it more efficiently. The $650 million Alternative Energy Investment Fund and the nearly $16 million Alternative Fuels Investment Fund include $237.5 million specifically targeted toward helping consumers conserve electricity and manage higher energy prices, and $428.4 million to spur the development of alternative energy resources and create good-paying, skilled jobs for Pennsylvania’s hard-working men and women. The package includes incentives to help households and small businesses take advantage of solar energy technology – a key resource for reducing electricity demand during times of peak demand when rates are most expensive – and make improvements to their homes or buildings that conserve energy. http://www.depweb.state.pa.us/energindependent/site/default.asp
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