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Alternative Energy Grants Available

Tuesday May 22nd, 2018
Townships that want to begin using alternative energy may apply for grants or loans through the Commonwealth Finance Authority’s (CFA) Renewable Energy Program and Solar Energy Program. The deadline for applications is July 18.
 
These programs are jointly administered by the CFA and state Departments of Environmental Protection (DEP) and Community and Economic Development (DCED).
 
The Alternative and Clean Energy Program provides grants and loans for the use, development, and construction of alternative and clean energy projects, infrastructure associated with compressed natural gas and liquefied natural gas fueling stations, and energy efficiency and conservation projects.
 
Grants for any alternative energy production or clean-energy project must not exceed $2 million or 30 percent of the total project cost, whichever is less. Loans for any alternative energy production or clean-energy project must not exceed $5 million or 50 percent of the total project cost, whichever is less.
 
There is a match requirement of at least $1 for every $1 of program funds awarded and a $100 non-refundable application fee due at the time of submission.
 
The Renewable Energy Program provides grants and loans to promote the use of geothermal and wind energy. Grants are available for wind energy generation and distribution up to $1 million or 30 percent of the project cost, whichever is less. Grants for planning and feasibility studies are available for up to $175,000 or 50 percent of the project cost, whichever is less.
 
Loans for geothermal systems or wind energy generation or distribution projects may not exceed $5 million or 50 percent of the project cost, whichever is less.
 
There is a match requirement of at least $1 for every $1 awarded and a $100 non-refundable application fee.
 
The Solar Energy Program provides grants and loans to promote the use of solar energy. Eligible projects include facilities to generate, distribute, or store solar photovoltaic energy.
 
Grants may not exceed $1 million or $1.50 per watt, whichever is less. There is a matching investment requirement of at least $1 for every $1 of program grant funds awarded.
 
In exchange for a grant, solar photovoltaic projects will contractually commit to transfer ownership of the solar renewable energy credits (SRECs) generated by the system to the CFA for the life of the project.
 
The maximum loan may not exceed $5 million or $3 per watt, whichever is less. There is a match requirement of $1 for every $3 awarded and a $100 non-refundable application fee.
 
For more information about these energy programs, call DCED’s Ryan Emerson at (717) 787-6245 or click here.