The City of Madison Advances to Quarterfinal Round in a $5 Million Incentive Competition
WASHINGTON, D.C. (August 11, 2014) – The City of Madison, WI was just selected to advance to the quarterfinals round of the Georgetown University Energy Prize (GUEP), a $5 million incentive competition to reduce America’s energy consumption.
Madison submitted an application in June when the city also secured signed commitments of collaboration electric and natural gas utilities, and community-based organizations.
“As Mayor of Madison, I fully support the city’s efforts to engage our residents in energy-saving efforts and commit to having the city develop an energy plan that will result in reducing energy costs in citizens’ homes.”
The City of Madison is among a very select group of only 52 small- and medium-sized cities and counties from across the country that have advanced to quarterfinals round of the competition.
The City of Madison has a long history of being a community whose citizens care about the environment. Madison has high rates of recycling, bike ridership, and bus ridership. The city of Madison is ready to compete with cities throughout the country to lower energy use in homes and apartments.
In total, over the two years of the GUEP competition, participants have the potential to save more than $1 billion in total energy costs and cut millions of tons of CO2 emissions.
Dr. Slakey, a Lecturer on Physics and Public Policy at Georgetown University who specializes in energy and security policy, remarked that, “The communities we selected are leaders in energy efficiency who will develop innovative approaches that will inspire and enable others to follow in their footsteps.”
Over the next few months we will fine tune our energy efficiency plans, and we will be reaching out to a broad group of stakeholders to gather the best ideas to reduce energy and carbon emissions.