The objective of this paper is to help you, the small business owner, take advantage of the incen- tives available through the American Recovery and Reinvestment Act (ARRA) in the energy sector. In signing this act into law President Obama allocated approximately $790 billion to getting the American economy back on track. A significant portion of these funds are directed towards the energy sector, specifically to enhance the development and use of clean energy technologies such as alternative energies and energy efficiency.
This paper aims to help you through answering a series of questions. The first question you will learn the answer to is why the stimulus package is “green”. This question will be answered via several arguments that attempt to explain why we need to invest in clean energy and how the ARRA is doing just that.
The next question this paper will answer is where the money is located in the energy sector. This will be done by depicting an overview of how the ARRA has allocated its funds for energy development.
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