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You are here: Home / Announcements / U.S. White House Press Release Highlights Sustainable Energy Utility

U.S. White House Press Release Highlights Sustainable Energy Utility

us-whitehouse-logoFor Immediate Release
December 2, 2011

WASHINGTON, DC – President Obama today announced nearly $4 billion in combined federal and private sector energy upgrades to buildings over the next 2 years. These investments will save billions in energy costs, promote energy independence, and, according to independent estimates, create tens of thousands of jobs in the hard-hit construction sector.

The $4 billion investment announced today includes a $2 billion commitment, made through the issuance of a Presidential Memorandum, to energy upgrades of federal buildings using long term energy savings to pay for up-front costs, at no cost to taxpayers…

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