A Jackson-based company will receive $3.75 million in federal stimulus funds to improve energy efficiency in public buildings around the state. The company, SmartSynch, provides smart grid infrastructure, in the form of energy meters, software and wireless networks. SmartSynch's metering system allows users to track their energy consumption in real time and identify energy "leaks." The U.S. Department of Energy estimates that energy consumption drops by as much as 15 percent when consumers can track their usage.
"The project marks the first time Mississippi has launched a coordinated effort to reduce energy consumption in public buildings and save money for the Mississippi taxpayer," Gov. Haley Barbour said in a press release announcing the award on Thursday.
SmartSynch's award is part of the State Energy Program, a part of the American Recovery and Reinvestment Act that will ultimately provide Mississippi with $16 million for energy efficiency and renewable energy projects.
Mississippi also recently received $35.3 million for wastewater projects from the U.S. Environmental Protection Agency. Those funds will go to the state's Clean Water State Revolving Fund, which provides low-interest loans to public entities to improve old water systems.