Governor John E. Baldacci announced that Maine has received $30 million dollars in a federal grant from The Recovery Act to fund energy efficiency upgrades in Maine.
The grant will establish a revolving loan fund called the Maine Home Performance Fund to make buildings more energy efficient. Maine’s aging housing stock and high cost of fuel is proof that there is potential value of retrofitting homes and businesses to improve energy efficiency.
Maine has one of the highest rates of homeowners in the country.