Formula Grant DESE0001788

Award Date 1/1/25
Completion Date 12/31/25
Dollars Obligated $9M
Funding Federal Agency
Department of Energy
Federal Grant Program
81.117
Assistance Type
Formula Grant
Place of Performance
New Mexico, USA

The Department of Energy (DOE) awarded a $8,986,784 Formula Grant to the State of New Mexico Regulation & Licensing Department on January 1, 2025 under the Energy Efficiency and Renewable Energy Information Dissemination, Outreach, Training and Technical Analysis/Assistance program (CFDA 81.117). The funding will support the adoption of the 2024 International Energy Conservation Code (IECC) by the state, which will enhance energy efficiency and sustainability in residential and commercial buildings. By adopting the 2024 IECC, the state will be eligible for additional funding under the Inflation Reduction Act (IRA) to support energy-efficient upgrades and renewable energy installations. The grant aims to reduce energy costs for consumers, lower greenhouse gas emissions, and position the state to qualify for IRA funding that can benefit the local economy and environment through energy-focused projects.

Generated 3/4/25, 7:06 AM