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  • Writer's pictureThe San Juan Daily Star

Second phase of Energy Support incentive reported



Manuel Cidre, secretary of the DDEC.

By The Star Staff


The Department of Economic Development and Commerce (DDEC in Spanish) and the Public Energy Policy Program (PPPE), reported the start of the second phase of the Energy Support 2.0 incentive to receive applications from participating SMEs until Monday, June 24, 2024. This was reported by Manuel Cidre, secretary of the DDEC.


“This new round of the program consists of community Lifelines (described by FEMA). The funds come from the Program for Energy Reliability and Resilience (ER2) of CDBG-DR funds, granted by the U.S. Department of Housing and Urban Development for the Optimization of Puerto Rico’s Electric System.


Qualifying companies could receive an incentive to cover 60% of the total cost up to a maximum of $50,000.00 for projects that include battery-powered photovoltaic systems, batteries for existing and well-maintained systems, as well as charging stations for electric vehicles.


“We urge all beneficiary SMEs that make up the community lifelines to access the link provided and apply for this incentive that seeks to promote Puerto Rico’s economic development and energy resilience. It is an opportunity immersed in reducing energy costs and in turn that these SMEs can sustain their businesses in the eventuality of a natural disaster,” said Ali-Fortuño, director of the PPPE.


Companies interested in the Energy Support Incentive Program 2.0 can access the Program Guide in www.desarrollo.pr.gov

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