Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, August 18
    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    • Replacing outdated circuit breakers with new technology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

    How power utilities can build resilient mission-critical OT networks

    August 16, 2026
    Utilities

    Utilities Were Supposed to Be the AI Trade. They’re Up 4%. The Electrification Fund Is Up 31%

    August 14, 2026
    Utilities

    United Utilities welcomes regulator green light for £975m investment plan

    August 13, 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
    Stock Market

    Dow jumps 800 points to record, S&P 500, Nasdaq soar as Powell’s Jackson Hole finale fuels bets on September rate cut

    August 22, 2025
    Investing

    Golden Seeds marks 20 years of investing in female founders

    October 28, 2024
    Finance

    AU Small Finance Bank Raises FCNR Deposit Rates to 7.40% and NRE Fixed Deposit Rates to 7.60%

    July 28, 2026
    What's Hot

    Ahmed Tahiri Jouti, l’expert qui croise IA et finance participative – Telquel.ma

    May 27, 2025

    Consumer questions 100+% APR on car finance loan

    August 16, 2024

    Why Ripple’s $125M Fine Could Drive BTC to $70k

    August 8, 2024
    Most Popular

    Bitcoin traders see signs of selloff easing as token steadies

    November 24, 2025

    Bitcoin nears $80K amid US-Iran tensions, traders eye late-April rally

    April 26, 2026

    USA Bets on Bitcoin While the Dollar Holds Its Ground in African Reserves and Monetary Policy

    September 7, 2025
    Editor's Picks

    Goldman Sachs says the demand for gold is not just hype, and predicts the U.S. could still see a repeat of a Nixon-era spike

    October 17, 2025

    Les Bourses en Asie divergentes face aux menaces douanières, le bitcoin retombe

    July 14, 2025

    Is Rivian Stock a Buy?

    July 23, 2024
    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.