Harrisburg – November 1, 2016 – A new state program designed to provide funding for infrastructure access to low-cost natural gas is now open and applications for the program are being accepted by businesses, manufacturers, municipalities and economic development organizations, school districts, and hospitals, state Sen. John Yudichak (D-Luzerne/Carbon) said today.
The Pipeline Investment Program (PIPE) offers up to $24 million to expand the availability of natural gas. Grants of up to $1 million can be used for pipeline construction, acquisition, right-of-way, land clearing and other costs. The grants must be matched by at least 50 percent of total project costs. The first set of grants are expected to be approved next year.
“The Pipeline Investment Program was created by the General Assembly in order to enable even more residents to benefit from Pennsylvania’s natural gas industry. It has the potential to further reduce energy costs for homes and businesses,” Yudichak said.
“Pennsylvania is blessed by ample energy resources including natural gas,” Yudichak said. “Saving money on energy helps businesses and families balance their budgets. It’s essential that we do more to make accessibility to low cost energy more available so costs can be reduced,” Yudichak added.
The Pipeline Investment Program is being operated through the Commonwealth Financing Authority (CFA). More information about the PIPE program is available at dced.pa.gov.
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