Incentives Available in Grant Program
The West Penn Power Sustainable Energy Fund (WPPSEF) promotes the use of renewable energy and clean energy among commercial, industrial and institutional customers in the West Penn market region. Eligible projects include energy produced from solar, wind, low-impact hydro, and sustainable biomass such as closed-loop biomass and biomass gasification. Clean energy refers to advanced technologies, including landfill gas and fuel cells, which use fossil fuels but have significantly lower emissions and waste than current commercialized technologies and fuels derived from waste. Funding for eligible projects may include grants, commercial loans, equity investment, subordinated debt and royalty financing. Grants are available to non-profit companies and community-based organizations. Many of these grants will be leveraged with other grants from foundations and other funding agencies and will lead to additional financing requests involving other WPPSEF products. Commercial loans are available to manufacturers, distributors, retailers and service companies involved in renewable and advanced clean energy technologies as well as energy efficiency and conservation products and services to end-user companies and community-based organizations. WPPSEF intends to initiate loan programs in conjunction with other agencies and intermediaries to ensure an adequate flow of financing proposals for consideration. Contact: The Energy Institute, Penn. State University, C-211 CUL, University Park, PA 16802-2323; 814-865-4802; Fax: 814-863-7432; http://www.wppsef.org/grants.html
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