Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, August 14
    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    • Replacing outdated circuit breakers with new technology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

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

    August 14, 2026
    Utilities

    InvoiceCloud and Hansen Technologies Partner to Unite Billing and Payments for Utilities

    August 11, 2026
    Utilities

    Utilities Up as Treasury Yields Give Back Some Gains – Utilities Roundup

    August 11, 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
    Investing

    S&P 500 has bullish November-December seasonality: BofA By Investing.com

    October 29, 2024
    Finance

    DSV, 1123 – INTERIM FINANCIAL REPORT H1 2024

    July 24, 2024
    Utilities

    Utilities Up as Treasury Yields Fall — Utilities Roundup

    September 15, 2025
    What's Hot

    Bitcoin Rises on Weak USD but Isn’t Inflation Hedge: NYDIG

    October 26, 2025

    Bitcoin Price Makes Crucial Breakout, While Fear Enters Cryptocurrency Market By U.Today

    October 11, 2024

    ‘Fix garbage data’ – This startup uses AI to help utilities reduce inefficiencies

    March 19, 2025
    Most Popular

    Steak ‘n Shake Adds $10M Bitcoin to Treasury After Payment Integration Boosts Sales

    January 18, 2026

    Guangzhou and Shenzhen, once China’s growth engines, report GDP underperformance

    July 31, 2025

    WFW advises KIS on US$400m syndicated financing

    October 10, 2024
    Editor's Picks

    Asian stocks today: Kospi, Nikkei jump up to 6% led by rally in semiconductor stocks

    July 21, 2026

    ARKO recruits finance expert, IHFP co-founder Dani Indrawan

    August 20, 2024

    Bitcoin Up 10%, Eyes 130 000 $ en juin Analyste dit

    May 31, 2025
    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.