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Monday, December 30, 2024

New York Earmarks $3.5M for Grid Modernization Tasks






New York is setting apart $3.5 million in technical help funding to assist electrical grid modernization growth mission proposals by way of the state’s Grid Modernization Program

Funding is predicted 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 potential by way of an U.S. Division of Power award to the state final fall. 

The funding alternative will probably be administered by the New York State Power Analysis and Improvement Authority (NYSERDA) over a two-year interval by way of a aggressive solicitation course of.

“With the assist of the Biden Administration, we’re advancing a extra resilient, modernized and related electrical grid,” says New York governor Kathy Hochul. “This funding will assist the State establish the most effective approaches for grid modernization tasks that guarantee New Yorkers at all times have entry to inexpensive 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 guage potential tasks, grant writing help for implementation funding and growth of a metrics reporting system to guage mission success.

MUNIs and rural COOPs that do not need technical help wants could suggest smaller implementation tasks that fall inside the allowable most award quantity.








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