Sustainable Energy Fund (SEF) was established in 1999 as part of a settlement approved by the PA Public Utility Commission It is a private non-profit 501(c)(3) organization that promotes energy efficiency, renewable energy and energy education initiatives in the Commonwealth of Pennsylvania, with a focus on Eastern and Central PA. SEF strategically invests capital into building projects that seek to adopt energy-efficient technology and utilize renewable energy practices.
SEF was one of five funds created in 1999 as the result of electric utility deregulation and subsequent settlement agreements in Pennsylvania. The other funds were the West Penn Sustainable Energy Fund, Metropolitan Edison Company Sustainable Energy Fund, Penelec Sustainable Energy Fund of the Community Foundation for the Allegheny's, and Sustainable Development Fund. SEF was create during the PP&L (Pennsylvania Power & Light) settlement.
As a result of the settlement SEF was funded at the rate of 0.01 cents per kWh from January 1, 1999 through December 31, 2004 from PP&L's Distribution rate revenues.