Project Funding

For those looking to implement energy efficiency and renewable energy projects paying for the project can be as daunting as the project itself. That is where SEF can help.

PROJECT FUNDING METHODS

There are many ways to fund a sustainable energy project. Mechanisms are available to most any business for the installation and operation of economically viable renewable energy generation and energy efficiency projects.

SELF-FUNDED - maintenance budget, utility bills, cash reserves.

ENVIRONMENTAL ATTRIBUTES - are commodities that are used by utilities and others to comply with environmental regulations. These commodities when monitized can create an income stream to help fund the project.

GOVERNMENTAL SUBSIDIES - local, state, and Federal governments offer varying programs including technical support, tax credits, tax deductions, grants, loan guarantees and more.

UTILITY INCENTIVES - as a result of Pennsylvania Act 129 of 2008 large investor-owned utilities are required to offer various programs to reduce energy consumption and demand beginning January 1, 2010. These programs are currently in front of the Public Utility Commission pending review.

THIRD PARTY - third parties such as SEF, banks, and tax equity investors offer a variety of funding mechanisms including loans, leases, purchase agreements, and performance contracts as well as direct equity and tax equity investments.

Grants & Rebates

Alternative Energy Production Assistance

Alternative energy production projects involving solar technologies (Solar Energy Program is open and guidelines are now available under Important Resources)

Financial Links

Rebates

Utility and Governmental Rebates

Alternative Energy Credits & Carbon Financial Instruments

Environmental commodities are currently traded in compliance and voluntary markets throughout the United States. Pennsylvania’s Act 213, Alternative Energy Portfolio Standards Act of 2004, creates a compliance market in Pennsylvania for environmental attributes related to electricity produced from alternative energy sources. Pennsylvania does not participate in the Northeast and Mid-Atlantic Regional Greenhouse Gas Initiative (RGGI); therefore, carbon-related financial instruments are currently traded in the voluntary market on the Chicago Climate Exchange.

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