Sustainable Energy Fund a limited number of loans or leases at zero percent financing to complete energy efficiency or renewable energy projects. Pennsylvania nonprofit and government entities can apply for the program through June 30.
It can be challenging for nonprofits and government agencies to finance solar projects. Now there’s help for not-for-profit and governmental entities in Pennsylvania. They can apply through Sustainable Energy Fund for a limited number of loans or leases at zero percent financing to complete energy efficiency or renewable energy projects.
Projects must reduce energy consumption of non-sustainable resources or generate energy from sustainable resources. Total available funding through the Sustainable Energy Finance Program is $425,000, with funding ranging from $5,000 to $85,000. All applications will be graded using a merit-based matrix.
The Request for Applications will be available until Monday, June 30, 2014 at 4:00 p.m. EST. Successful applicants will be announced on Thursday, July 31, 2014. Projects may include solar PV installations as well as lighting retrofits, HVAC upgrades, and building envelope improvements.
“Every dollar a not-for-profit or governmental organization spends on energy is one less dollar they have to further their mission,” commented John Costlow, Director of Technical Services, in making the announcement. “The Sustainable Energy Finance Program creates a low-cost opportunity for not-for-profits to reduce their energy consumption and reclaim those dollars in support of their programs.”
Sustainable Energy Fund, a nonprofit organization, assists energy users in overcoming financial, educational, and regulatory barriers to a sustainable energy future.