Mayor Nutter and the Metropolitan Caucus Launch EnergyWorks
Program Creates Jobs, Saves Money, Reduces Region's Energy Consumption, Provides Low-Cost Loans for Business and Home Owners
PHILADELPHIA, Nov. 5, 2010 /PRNewswire/ --
WHO: |
Mayor Michael Nutter and members of the Metropolitan Caucus (Bucks, Chester, Delaware, and Montgomery counties) |
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WHAT: |
Announcement of new EnergyWorks program and website to offer low-interest loans to homeowners and commercial property owners to finance energy efficient building improvements in Philadelphia region and create local jobs |
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As a special incentive for the EnergyWorks launch, free home assessments will be given to the first 20 residential loan applicants in each of the five counties: Bucks, Chester, Delaware, Montgomery, and Philadelphia. |
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WHEN: |
Wednesday, November 10, 2010 |
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WHERE: |
One Comcast Center, 1701 John F. Kennedy Boulevard, Philadelphia, PA 19103 |
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Background
EnergyWorks is a comprehensive energy solutions program for home and commercial or industrial building owners. It is a program of the Metropolitan Caucus, a coalition of Commissioners and Council members from Bucks, Chester, Delaware, and Montgomery Counties, and the Mayor of Philadelphia, supported by a $25 million grant from the US Department of Energy's Better Buildings Program. EnergyWorks helps owners find ways to reduce their building's energy use, and EnergyWorks' below market, low-interest loans help them pay for the upgrade. The initiative aims to generate more energy efficient upgrades in existing homes and buildings as well as new construction and hopes to issue more than 2,000 loans in the next three years. The program will also create new jobs for building auditors and inspectors and increase opportunities for local contractors with expertise in green building/energy efficient installations.
SOURCE EnergyWorks
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