; and (IV) to replace any fossil fuel heating system with a heating system that is at least 50 percent more energy efficient. (iii) Cost sharing (I) In general A grant provided under this subsection to a private, for-profit entity shall be subject to a minimum non-Federal cost-sharing requirement of 50 percent. (II) Non-Federal sources The Secretary shall determine the appropriate cost share for each selected applicant. (III) Reduction The Secretary may reduce or eliminate the cost-sharing requirement described in subclause (I), as the Secretary determines to be necessary. (IV) Repayment of Federal share The Secretary shall not require repayment of the Federal share of a cost-shared activity under this section as a condition of providing a grant. (iv) Other Federal assistance The Secretary shall consider the receipt of other Federal funds by the applicant in determining the cost share of the applicant. (C) Selection Not later than 120 days after the application deadline established under subparagraph (A), the Secretary shall announce the applicants selected to receive grants under this section. (5) Reporting requirements (A) In general The Secretary shall determine what data will be required to be collected by participants in the Program and submitted to the Secretary to permit analysis of the Program. (B) Provision of data As a condition of participation in the Program, an applicant shall provide any data determined by the Secretary under subparagraph (A). (C) Proprietary information In carrying out this paragraph, the Secretary shall, as appropriate, provide for the protection of proprietary information and intellectual property rights. (6) Additional authorities To ensure the transition to 100 percent clean and renewable energy by 2050, starting in 2035, the Secretary, in consultation with the Council, shall have the authority to set standards for residential and commercial heating systems that eliminate fossil fuel emissions by 2050. (d) Funding The Secretary shall use to carry out this section not more than