- Top Distributors Lists
- Market Research
- Free Reports
The stimulus package passed in February is about more than just shoring up business-as-usual organizations, says Pembroke Consulting's Adam Fein. Fein identified more than $15 billion that has been allocated to enhance or create green projects on the state and federal level - a significant increase over previous funding. For example, state energy programs will receive $3.1 billion dollars - a funding jump of 70% over 2008.
This new funding can be a boon for distributors, particularly those that service the electrical and homebuilding/renovation sectors. Money will flow into projects for weatherization - anything from rewiring to insulation - and for improving the smart grid.
States and municipalities are still trying to determine exactly where this environmentally focused money will be going, but if you're not already offering green products and services, now may be a great time to move in that direction, Fein says. "If you sell into the utility market in any way, there's going to be a great need for your services."
Want to hear more of Adam Fein's analysis of the Economic Stimulus Package? Click here to order a copy of his recent Webcast, "Economic Stimulus Package: Impacts & Opportunities for Distributors." "