Financial assistance- including grants and cooperative agreements used to transfer money, property or services to the recipient in order to accomplish a public purpose of support or stimulation- is one way EERE puts policy goals into practice, helping to stimulate the US economy. EERE grants and cooperative agreements empower states, counties, universities, private companies, and others across the country to leverage their own resources for a vast array of energy efficiency and renewable energy projects. These projects include everything from weatherization improvements that help homeowners save money, to research into cutting edge solar energy technologies, to commercializing emerging biofuels.
Most of EERE’s financial assistance opportunities are awarded competitively, through a review process that examines applications thoroughly, consistently, and objectively. (For more information on this process, see DOE’s Merit Review Guide for Financial Assistance.) Rare awards are made through various non-competitive processes to accommodate an applicant’s unique capabilities or to make use of a service not otherwise available to DOE. Non-competitive awards can also be made in situations requiring rapid response, such as those affecting public health, safety, welfare, or national security. (For the full list of situations in which non-competitive financial assistance may be awarded, see 10 CFR section 600.6(c).)
Whether awarded through a competitive or non-competitive process, EERE financial assistance plays a critical role in the development and use of more energy efficient and renewable energy technologies. And, grants and cooperative agreements almost always include the Recipient’s own investment, leveraging the taxpayer dollars with additional private sector investments toward achieving EERE’s goals. Collectively, these investments help to realize new technologies and bolster the US economy.