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Governor David A. Paterson NYS Economic Recovery and Reinvestment Cabinet
New York State Information Related to the American Recovery and Reinvestment Act of 2009
  

Section 406: Renewable Energy & Electric Power Transmission Projects


Program Description:

Section 406: Renewable Energy, Electric Power Transmission and leading edge biofuels Projects.

Federal Agency:

U.S. Department of Energy 

Agency Website:

http://www.energy.gov

National Total:

$6,000,000,000 for a Loan Guarantee Program

New York State Total:

N/A

Entities Eligible to Apply:

Eligibility will be determined by the U.S. Department of Energy, and may include public and investor owned utilities, municipalities and private companies.

Flow of Funds:

The U.S. Department of Energy administers the discretionary Loan Guarantee Program.

Obligation Deadline:

Projects awarded a loan guarantee under the program must commence construction by September 30, 2011.

Reporting Requirements:

The U.S. Department of Energy is expected to announce any reporting requirements.

State Agency:

Department of Public Service and New York Power Authority Involved Agency

State Agency Website:

www.recovery.ny.gov

State Agency Technical Contact:

Kimberly A. Harriman

Additional Information: Use this form to request additional information.
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