The state of Vermont is going to get nearly $39 million in federal stimulus money to pay for home weatherization projects and energy efficiency programs.
The White House and Vermont’s congressional delegation say the money is part of nearly $8 billion in stimulus money designed to create about 100,000 jobs and save on future energy bills.
The money will be used to add insulation to homes, seal leaks and modernize heating and air conditioning equipment. It’s estimated the investment will pay for itself many times over.
About $16 million will provide investments of up to $6,500 per home for families of four making up to about $44,000 a year.
About $22 million will provide rebates to consumers for home energy audits or other energy saving improvements.