Combined Heat and Power Partnership
The Pennsylvania Electric Company Sustainable Energy Fund
| Date Last Updated | 11/16/2012 |
| Incentive Type | Grant; Loan |
| State/Federal | PA |
| Incentive Administrator/Contact Office | The Community Foundation for the Alleghenies |
| Incentive Initiation Date | 1/1/2000 |
| Incentive Size and Funding Source | FirstEnergy established the Penelec Sustainable Energy Fund in 2000. The Penelec loan and grant components of the fund have assets of approximately $9.1 million. The majority of funding available from the fund takes the form of investments made in businesses pursuing one or more of the fund's objectives. These funds typically will be distributed as loans or equity investments, but a limited number of grants are available each year for specific purposes. The funding amount varies by project, as does the maximum, but some types of projects are capped at $25,000. |
| Eligible Recipient | Commercial, industrial and nonprofit entities, as well as schools and local government, in the Penelec Service Territory of FirstEnergy are eligible to apply. There are no residential funding opportunities. |
| Eligible Fuel | Does Not Specify |
| Eligible Project Size (MW) | Does Not Specify |
| Minimum Efficiency Required (%) | Does Not Specify |
| Other Selected Eligibility Criteria | This fund is used to promote the development and use of renewable energy and clean energy technologies, energy conservation and efficiency, sustainable energy businesses, and an improved environment in the company's service territories. |
| Utility | FirstEnergy |
| Application Form(s) | Application (PDF) (2 pp, 87.5K) |
| Resource Website(s) |
