Small Business Pollution Prevention Assistance Account Loan Program (Pennsylvania)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Pennsylvania

Name Small Business Pollution Prevention Assistance Account Loan Program
Incentive Type State Loan Program
Applicable Sector Commercial, Industrial, (no more than 100 full-time employees)
Eligible Technologies Boilers, Central Air conditioners, Chillers, Custom/Others pending approval, Furnaces, Heat pumps, Lighting, Motors, Processing and Manufacturing Equipment, Not specified, but must meet general project eligibility criteria
Active Incentive Yes

Implementing Sector State/Territory
Energy Category Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs
Amount Up to 75% of total eligible project cost















Maximum Incentive $100,000 within any 12-month period









Terms 2% fixed interest; Maximum loan term of 10 years
Program Administrator Pennsylvania Department of Environmental Protection
Website http://www.portal.state.pa.us/portal/server.pt/community/financial_assistance/10495/ppaa_loan/553247
Date added to DSIRE 2005-06-30
Last DSIRE Review 2012-08-30
Last Substantive Modification
to Summary by DSIRE
2011-08-30


References DSIRE[1]


Summary

The Pollution Prevention Assistance Account (PPAA) offers low-interest loans to help small businesses (100 full-time employees or less) located within the state implement energy efficiency and pollution prevention projects. Loans may be issued for 75% of project costs up to $100,000 within any 12-month period, with terms of up to 10 years. The program is only available to qualifying businesses that adopt or install pollution prevention or energy efficient equipment or processes that reduce or reuse raw materials on-site, reduce the production of waste, or significantly reduce energy consumption and are directly related to the business activity. Renewable energy systems are eligible for loans under this program if they meet the project eligibility criteria. A list of potential eligible projects is provided in the program guidelines.

The program is administered by the PA Department of Environmental Protection and the PA Department of Community and Economic Development. Since the program's inception in 1999, DEP has received 186 loan applications totaling more than $9.3 million. In order to qualify, the project must have a payback that is less than or equal to the loan term, and the expected benefits must extend past the term of the loan. Applications are available at the program web site above.


Incentive Contact

Contact Name Gene DelVecchio
Department Pennsylvania Department of Environmental Protection
Division Office of Energy and Technology Deployment
Address Rachel Carson State Office Building
Address 2 400 Market Street, 15th Floor
Place Harrisburg, Pennsylvania
Zip/Postal Code 17105-8772
Phone (717) 783-8411


Email gdelvecchi@pa.gov
Website http://www.depweb.state.pa.us
     
     


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"