Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, July 6
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Utilities»President Biden announces $47 million grant for Gainesville Regional Utilities after Hurricane Milton
    Utilities

    President Biden announces $47 million grant for Gainesville Regional Utilities after Hurricane Milton

    October 14, 20242 Mins Read


    GAINESVILLE, Fla. (WCJB/ABC) – While visiting Florida after Hurricane Milton on Sunday, President Joe Biden announced $612 million for six U.S. Department of Energy projects in the Southeast. One of the grants will go to Gainesville Regional Utilities (GRU).

    GRU was awarded $47.5 million as part of the energy department’s $10.5 billion Grid Resilience and Innovation Partnerships (GRIP) Program.

    GRU will use the funding to help mitigate the effects of increasingly extreme weather in North Central Florida, “through storm hardening, as well as faster restoration through deployment of self-healing devices and tools that will enable more efficient and precise dispatching of field teams during outages,” the White House said in a statement.

    Some of the improvements include:

    • Replacing 10 transformers
    • Replacing outdated circuit breakers with new technology
    • Replacing 129 wooden poles with ductile iron poles
    • Enhancing GRU’s digital meters to more easily detect and respond to outages
    • Hardening and undergrounding distribution lines serving disadvantaged communities
    • Building a new substation in southwest Gainesville

    The grant provides funding to programs such as GRU’s Low-Income Energy Efficiency Program. It also establishes an electric lineworker apprenticeship with Santa Fe College and funds additional programs with FS and the University of Florida.

    RELATED: Ethics complaint filed against Gainesville Regional Utility CEO

    “It’s important to point out that one of the main reasons we received this grant is because GRU is an industry leader in grid reliability,” said GRU CEO Ed Bielarski. “Because we already are innovative and reliable, DOE wants to use us as a model to further innovate and enhance our resilience and storm response, including in disadvantaged communities.”

    Click here to subscribe to our newsletter.

    Copyright 2024 WCJB. All rights reserved.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleU.S. Equities: Thoughts on the Market
    Next Article S&P 500, Dow Hit Record Highs as Nvidia and Other Tech Stocks Surge

    Related Posts

    Utilities

    United Utilities in hot water over £435k CEO allowance

    July 4, 2026
    Utilities

    AI is Driving Utilities to Spend a Record $240 Billion in 2026. Buy These Stocks to Capitalize on the Power Surge.

    July 4, 2026
    Utilities

    Utilities Up After Jobs Data – Utilities Roundup

    July 2, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Property

    UK house price growth slows amid property tax calls

    September 1, 2025
    Commodities

    Why China’s Commodity Imports Rise amid Struggling Economy

    July 20, 2024
    Property

    Acquisition of a new development property in Tallinn, Nõmme

    August 23, 2024
    What's Hot

    Evergrande Property Services Group affiche un revenu net de 1 032 millions de RMB pour l’année fiscale

    March 31, 2025

    L’inflation américaine fait plonger le cours du bitcoin et les marchés boursiers

    February 12, 2025

    Palm Beach votes to keep property tax rate unchanged

    July 15, 2025
    Most Popular

    Stock Market Today, April 20: USA Rare Earth Surges After Announcing $2.8 Billion Serra Verde Acquisition

    April 20, 2026

    Bitcoin, Ethereum, Ripple – BTC, ETH and XRP see slight recovery after recent corrections

    January 25, 2026

    Where Will USA Rare Earth Stock Be in 5 Years?

    March 23, 2026
    Editor's Picks

    Latest Market News Today Live Updates August 20, 2024: Indian stock market: 8 key things that changed for market overnight – Gift Nifty, China lending rates to US stocks rally

    August 20, 2024

    Goliath Resources Receives $2,000,000 Order From Strategic Singapore Based Global Commodity Group And The Previously Announced Non-Brokered Private Placement Has Been Increased From $3,000,000 Up To $6,500,000

    August 13, 2024

    Jefferies names this stock its top UK housebuilder pick despite forecast cuts By Investing.com

    April 8, 2026
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.