New funding opportunity announced

Indiana Department of Energy Development has announced that Indiana food and beverage processors can begin applying for OED's 2015 Indiana Solar Thermal Water Heating grant program.

Indiana Department of Energy Development has announced that Indiana food and beverage processors can begin applying for OED's 2015 Indiana Solar Thermal Water Heating (ISTWH) grant program.

OED’s grant is intended to help food and beverage processors purchase solar hot water heaters so they can lower their energy bills and diversify their energy resources. Wineries, breweries, dairies and egg producers are examples of industries that may use a significant amount of energy to heat water for their processing operations. By diversifying energy sources, Indiana processors may reduce their exposure to energy price shocks, improve their access to affordable, reliable energy and reduce the need to build new energy capacity that affects all utility ratepayers.

Applications are due Oct. 27, 2015. Applicants must provide 50 percent cost share for the total project costs and special consideration will be given to applicants that leverage greater than 50 percent cost share. Maximum grant award will be $50,000.

Applicants can participate in both the ISTWH grant and the USDA REAP grant. This can help reduce project costs and create a desirable return on investment.

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