some details on rendell’s embattled plan:
At the heart of Rendell’s energy plan is an $850 million Energy Independence Fund.
Of that, $500 million, would be invested in clean-energy projects such as biofuel plants, solar and advanced coal technologies. Another $100 million would be used to help state firms expand clean-energy production and attract private-sector investors.
There would also be grants to reimburse homeowners and small businesses for up to half the cost of installing solar panels and $100 rebates for residential purchases of energy-efficient air conditioners and refrigerators. The plan would also allow homeowners to install smart meters - high-tech devices that help target electricity use to times when the cost is lowest.
By 2017, Rendell’s energy plan would require every gallon of gasoline sold in the state to include 10 percent ethanol; and every gallon of diesel gas to include an increasing amount, up to 20 percent, of soy or other renewable oil.
