Written on: September 30, 2022 by ICM
The National Energy & Fuels Institute (NEFI) and the U.S. Department of Agriculture (USDA) are presenting a free webinar on Oct. 11 for heating fuel dealers. Entitled, “How to apply for cost-sharing grants under the Higher Blends Infrastructure Incentive Program,” the program will be held at 12 p.m. (noon) Eastern Time.
The USDA is again accepting applications for its Higher Blends Infrastructure Incentive Program (HBIIP), a program launched to increase sales and use of higher biofuel blends. The HBIIP can provide up to $5 million to build a new heating fuel bulk plant, or to make improvements at an existing facility. Nine heating fuel suppliers from six Northeast states have already received a combined $11 million through this program.
The USDA is accepting grant applications until Nov. 21. On October 11, NEFI and the USDA will walk heating fuel dealers step-by-step through the application process. All dealers with bulk plants, as well as those considering building them, are encouraged to attend.
This webinar will provide instructions on how to apply for 50% cost-sharing grants under a new $100 million round of funding for the HBIIP. An additional $500 million will be provided for the HBIIP through September 30, 2031 under the Inflation Reduction Act. Those funds will support future cost-sharing grants for up to 75% of project costs.