Episode 260 is coming to you from our podcast lounge at the Commodities People conference, Energy Trading Week Americas in The Woodlands, TX.
Stan Nabozny from Michaels Energy joined us again to tell us about the Department of Energy’s ITAC Program. This grant can provide up to $300,000 for a project.
Learn how Michaels Energy is only one of 12 providers in the US that can provide audits to satisfy the application for this grant.
More details about the ITAC
The Industrial Training and Assessment Centers (ITAC) Program, established by the U.S. Department of Energy (DOE), offers in-depth energy assessments to small and medium-sized manufacturing and cold storage enterprises. These assessments aim to identify opportunities for enhancing energy efficiency, reducing waste, and improving productivity within facilities.
- Eligibility: Facilities with gross annual sales below $100 million, fewer than 500 employees at the plant site, and annual energy bills between $100,000 and $3.5 million are eligible for IAC assessments.
- To support the adoption of recommended measures, the DOE offers ITAC Implementation Grants. These grants provide financial assistance to small and medium-sized manufacturers and cold storage facilities for implementing energy efficiency improvements identified during ITAC assessments.
- Funding Details: Grants can provide up to $300,000, covering a portion of the project costs. A 50% cost-share from the manufacturer is typically required, demonstrating commitment to the project.
A special shout out
Thank you to Mark LaCour from the Oil and Gas Global Network (OGGN) for once again joining ERENEWABLE and The Green Insider Podcast at this conference.
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