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Connecticut Small Businesses to Receive Energy Assistance
Published on Feb 17, 2011
Read 'Connecticut Small Businesses to Receive Energy Assistance' at 'Time to Start Up,' the small business blog by BizFilings.
Women- and minority-owned businesses in Connecticut may receive a break in energy costs, thanks to a new energy assistance program announced Tuesday.
The program, which will be run by Operation Fuel, includes an investment of more than $1.1 million - money that analysts hope will help more than 1,200 small businesses throughout the state cut their electricity bills and learn more energy efficient practices.
Dominion - the owner of the Waterford-based Millstone nuclear complex - has pledged $1 million to the initiative, while PSEG - parent company to the PSEG Power LLC that owns generating stations in Bridgeport and New Haven - is contributing $150,000.
"Operation Fuel's new program is unique and dynamic," said Robert Blue, Dominion senior vice president of law, public policy and environment. "Small businesses, such as (minority- and women-owned companies), play a vital role in the communities in which they operate, creating jobs and making many of their purchases locally."
Earlier this month, the U.S. Small Business Administration launched the Women-Owned Small Business Federal Contract Program, which will allow federal agencies and contracting officers to set aside contracts specifically for women-owned firms, thereby improving conditions for female entrepreneurs forming a company.