AEA Announces Village Energy Efficiency Grant Awards
Wells Fargo Outdoor Lighting Program will provide funding to forty-seven communities
ANCHORAGE—The Alaska Energy Authority (AEA) announced that forty-seven rural Alaska communities from across the state have been selected to receive funding under a new Village Energy Efficiency Program (VEEP) initiative that is supported by a $1 million grant from Wells Fargo.
As a result of this solicitation and its competitive application process, the forty-seven selected communities will receive approximately $1.1 million in Wells Fargo and AEA funding, with local match at approximately $397,000. Eligible communities under VEEP are those with a population no greater than 8,000.
The City of Ouzinkie and the Municipality of Skagway are just two examples of communities that can anticipate annual savings after using the Wells Fargo/VEEP funds to replace existing lighting with the latest in LED technology.
In Ouzinkie, fifty-five streetlights and six harbor lights are expected to be replaced, reducing the City’s electric consumption by nearly 60 percent, with more than $8,000 in annual savings anticipated. Skagway will replace twenty-seven streetlights. The Municipality’s electric use is expected to be reduced by nearly 50 percent, resulting in more than $1,200 savings annually.
The Wells Fargo Outdoor Lighting Program, announced in August, is a public/private partnership designed to benefit rural Alaska communities by providing efficient outdoor lighting that can help reduce long-term fixed energy costs, while supporting community health and public safety.
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The Corporate 100
Alaska Business has been celebrating the corporations that have a significant impact on Alaska’s economy since 1993. At the time, the corporations weren’t ranked as the list didn’t have specific ranking criteria. Instead, the Alaska Business editorial team held long, detailed, and occasionally passionate discussions about which organizations around the state were providing jobs, owned or leased property, used local vendors, demonstrated a high level of community engagement, and in general enriched Alaska.