Firm will Manage Program to Select Municipal Energy Efficiency Projects for Funding
LOWELL, MASS. – December 9, 2009
TRC Companies, Inc. (NYSE: TRR) today announced that it has been selected by the State of New Hampshire to issue and manage subgrants – worth more than $6 million – to local communities for projects that increase energy efficiency, reduce greenhouse gas emissions and advance the development of renewable energy systems. The subgrants are funded through the Energy Efficiency and Conservation Block Grant Program (EECBG), which is supported by the American Recovery and Reinvestment Act (ARRA).
“The ARRA funds will help entities across New Hampshire reduce their energy use and, ultimately, save money,” said Frank Reilly, TRC’s Vice President of Energy Services. “We look forward to participating in the selection process and supporting the award recipients in an effort to achieve the greatest savings possible. It is promising to see stimulus funding dedicated to energy efficiency, an area where TRC has considerable expertise and offers a number of services.”
As EECBG Program Manager, TRC will support the New Hampshire Office of Energy and Planning by:
- Creating a structure and requirements for the subgrant program;
- Developing and implementing an application selection process;
- Educating and informing municipalities about the grant opportunity;
- Assisting with the award selection process;
- Overseeing the program’s progress and compliance with state goals; and
- Collecting and reporting on jobs created and retained, energy saved and emissions reduced.
This project represents an expansion of TRC’s services in New Hampshire. The company is currently supporting the New Hampshire Public Utilities Commission and the New Hampshire Department of Education to document and analyze the energy use and associated carbon emissions for K-12 public and private schools across the State. The results will help the State reach its greenhouse gas reduction goals and determine which efficiency programs have the greatest impact.