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New York is setting apart $3.5 million in technical help funding to assist electrical grid modernization improvement challenge proposals via the state’s Grid Modernization Program.
Funding is anticipated to assist municipal electrical utilities (MUNIs) and rural electrical cooperatives (COOPs) in creating these proposals and plan for an upcoming $24 million funding alternative made attainable via an U.S. Division of Vitality award to the state final fall.
The funding alternative might be administered by the New York State Vitality Analysis and Improvement Authority (NYSERDA) over a two-year interval via a aggressive solicitation course of.
“With the assist of the Biden Administration, we’re advancing a extra resilient, modernized and linked electrical grid,” says New York governor Kathy Hochul. “This funding will assist the State establish the very best approaches for grid modernization initiatives that guarantee New Yorkers at all times have entry to reasonably priced and dependable energy.”
MUNIs and rural COOPs could apply on a primary come, first served foundation till December 2027 for a one-time most technical help award of as much as $200,000 per applicant. This help can be utilized to assist technical analyses wanted to judge potential initiatives, grant writing help for implementation funding and improvement of a metrics reporting system to judge challenge success.
MUNIs and rural COOPs that do not need technical help wants could suggest smaller implementation initiatives that fall inside the allowable most award quantity.