Minnesota will use its Recovery Act SEP funding to improve energy efficiency in residential, commercial and government buildings, as well as increase the amount of renewable energy produced in state. Minnesota will award grants to new or existing manufacturers of renewable energy, energy storage and/or ground-source heat pump systems or components to foster the direct and indirect expansion of green economic activity in the state.
In another activity, to ensure that Minnesota's residential buildings continue to improve in energy performance, the state will develop and implement multiple residential energy efficiency programs to reach a variety of income levels. An energy-efficiency loan offering, supplementing existing Minnesota Housing Finance Agency (MHFA) loan products and using MHFA's lender network will target households with incomes of $93,000 and lower.
