Draft Application Guidance for Maintaining and Enhancing Hydroelectricity Incentives
On February 8, the Department of Energy (DOE) released draft application guidance for the Maintaining and Enhancing Hydroelectricity Incentives Program. This program, commonly referred to as Section 247, allows DOE to make incentive payments to qualified hydroelectric facilities for capital improvements for grid resiliency, dam safety, and environmental improvements, such as fish passage.
We have prepared a summary that covers the following:
- Who can apply
- How the funds will be allocated
- How the DOE will consider eligible projects
- Timing of incentive payments
- The application process
Click the image to the right to download your copy. Keep in mind that DOE is accepting comments and input through February 28. Instructions are in the draft application guidance.
Kleinschmidt is here to assist clients who may have questions on this process. If you would like to schedule a consultation, you can do so by filling out the form below. You can also email Erik Anderson at firstname.lastname@example.org.