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Iowa Energy Center Board awards nearly $1.6 million in energy grants

News

October 3rd, 2023 by Ric Hanson

October 3, 2023 (Des Moines, IA) – Today, the Iowa Energy Center (IEC) Board awarded nearly $1.6 million in grants to six projects through the IEC Grant Program. The competitive funding opportunity enables eligible applicants to pursue projects that align with one of the key focus areas of the Iowa Energy Plan and provide a benefit to Iowa ratepayers. The program is funded by gas and eectric utilities across the state.

The IEC Grant Program received 34 pre-applications totaling nearly $10 million in funding requests. Eleven projects, requesting over $2.5 million, completed a full application. An IEC Board committee reviewed and scored applications based on alignment with the Iowa Energy Plan, the ratepayer benefit, project goals, programmatic capabilities and collaboration efforts, among other criteria.

The IEC is managed by the Iowa Economic Development Authority and overseen by a governor-appointed board comprised of representatives from academia, state government and utilities. For more information on the IEC Grant Program, visit iowaeda.com/energygrants.