The Hydroelectric Efficiency Improvement Incentives are program payments to the owners or operators of hydroelectric facilities at existing dams to be used to make capital improvements in the facilities that are directly related to improving the efficiency by at least 3%. Incentive payments cannot exceed 30% of the costs of the capital improvement and not more than 1 payment may be made with respect to improvements at a single facility with a ceiling of $5M.

Overview

Office:

Grid Deployment Office

New Program:

Yes

Funding amount:

$75,000,000

Funding Mechanism:

Incentive Payment

Recipients:

Owners or operators of hydroelectric facilities at existing dams

Period of Availability:

Available until expended

More Information

Eligible Uses

Capital improvements to hydroelectric facilities at existing dams to improve the efficiency of such facilities by at least 3%.

Program Announcements

Next Milestone

Estimated application opening date, TBD

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