Varies by project; may provide up to 100% of financing needs
Minimum $35,000 direct or $10,000 through an Energy Services Provider (ESP)
The Sustainable Energy Fund (SEF) promotes and invests in energy efficiency and renewable energy projects, and energy education initiatives. Financial incentives are offered as loans to promote clean energy technologies and for projects where energy savings are measurable. Eligible clean technology applications include energy efficiency, renewable energy, green building, and clean transportation. Financing terms are customized to the unique requirements of individual projects.The SEF has also developed Energypath, a comprehensive resource intended to assist Pennsylvanians in locating contractors, grants, loans, equipment manufacturers, rebates and technical assistance.
The SEF was founded in November 1999 as a result of the Pennsylvania Public Utility Commission electric utility restructuring proceedings. The SEF was a key component of the joint settlement with PPL, Inc. (now PPL Electric Utilities Corporation) and the PUC. The fund has collected slightly more than $25 million since opening through a rate surcharge on PPL ratepayers. The surcharge expired and was not renewed at the end of 2006. See DSIRE's summary of Pennsylvania's Public Benefits Funds for more information.