Federal Energy-Efficiency Fund

The U.S. Department of Energy DOE may provide grants to agencies to assist them in meeting the requirements of 42 U.S.C. § 8253.

Originating Legislation: 
Full Text: 

(1) The Secretary shall establish a Federal Energy Efficiency Fund to provide grants to agencies to assist them in meeting the requirements of section 8253 of this title.

(2) Not later than June 30, 1993, the Secretary shall issue guidelines to be followed by agencies submitting proposals for such grants. All agencies shall be eligible to submit proposals for grants under the Fund.

(3) The Secretary shall award grants from the Fund after a competitive assessment of the technical and economic effectiveness of each agency proposal. The Secretary shall consider the following factors in determining whether to provide funding under this subsection:

(A) The cost-effectiveness of the project.
(B) The amount of energy and cost savings anticipated to the Federal Government.
(C) The amount of funding committed to the project by the agency requesting financial assistance.
(D) The extent that a proposal leverages financing from other non-Federal sources.
(E) Any other factor which the Secretary determines will result in the greatest amount of energy and cost savings to the Federal Government.