Sustainable Energy Fund (SEF) Loan Program (PPL Territory) (Pennsylvania)

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Summary

Last modified on December 17, 2014.

Financial Incentive Program

Place Pennsylvania

Name Sustainable Energy Fund (SEF) Loan Program (PPL Territory)
Incentive Type Local Loan Program
Applicable Sector Commercial, Industrial, Nonprofit, Schools, Local Government, State Government, Agricultural, Eastern PJM, including PA and parts of NJ
Eligible Technologies Lighting, Energy Mgmt. Systems/Building Controls, Solar Water Heat, Solar Space Heat, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Fuel Cells, Geothermal Heat Pumps, CHP/Cogeneration, Fuel Cells using Renewable Fuels, Other Distributed Generation Technologies
Active Incentive Yes

Implementing Sector Local
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount Varies by project; may provide up to 100% of financing needs

Minimum 35,000
















Maximum Incentive 1 million









Terms Vary by project; up to 7 years
Program Administrator Sustainable Energy Fund of Central Eastern PA
Website http://www.TheSEF.org
Date added to DSIRE 2002-02-08
Last DSIRE Review 2014-11-24



References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

NOTE: The program is currently accepting applications for 2% interest loans and leases for municipal and not-for-profit entities located in Pennsylvania for energy efficiency and renewable energy projects. The applications are due on January 29th, 2015.


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.


Incentive Contact

Contact Name Public Information
Department Sustainable Energy Fund Financing Programs

Address 1005 Brookside Road, Suite 210

Place Allentown, Pennsylvania
Zip/Postal Code 18106
Phone (610) 264-4440


Email TheSEF@TheSEF.org
Website http://www.TheSEF.org
     
     


  • 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"