The Department of Energy (DOE) and Georgetown University will collaborate on the Georgetown University Energy Prize, a competition to encourage new approaches to reducing energy use in communities across the U.S.
Although only one community will win the Georgetown University Energy Prize, each participating community will benefit from access to financial and technical resources. Organizers have designed the competition to create pathways toward achieving greater energy efficiency in homes and municipal buildings across the country. Communities are encouraged to submit a non-binding letter of intent as soon as possible.
Beginning in February 2014, U.S. municipalities ranging in population from 5,000-250,000 residents – accounting for more than 65 percent of American communities and 200 million residents – will be eligible to compete for the prize by reducing their energy use.
Participating communities must develop a long-term energy efficiency plan and demonstrate initial effectiveness and sustainability during a two-year period. The winning community will receive $5 million provided by private sponsors, which will help to support their continuing community-based energy efficiency efforts.