COMMERCIAL LOANS

Sustainable Energy Fund finances energy-related projects to established commercial, industrial, municipal, agricultural and nonprofit entities. Our geographic focus is in the state of Pennsylvania.

We provide financing for renewable energy projects (e.g. biomass, solar, wind, etc.), as well as energy efficiency projects (e.g. building envelope improvements, HVAC, lighting systems, etc.).


PROJECT REQUIREMENTS

Projects must meet one of the following criteria:

• Reduce energy consumption
• Generate energy from a renewable source
• Replace a “dirty” fossil fuel with a clean (or cleaner) energy source

Unlike a traditional commercial bank, SEF can be very creative in structuring our loan financing solutions to meet the unique requirements of each customer. For example:

• SEF will finance 100% of your project
• There is no prepayment penalty
• No out-of-pocket payments are required during the construction phase of the project
• Loan payments are structured to be less than the monthly energy savings, meaning no increase in your existing operating budget
• SEF will accept a lower lien position on collateral than most banks





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ENERGY SAVINGS AGREEMENTS

Energy Savings Agreements are an innovative approach to financing energy projects for nonprofits. Sustainable Energy Fund’s staff will accompany you each step of the way as you consider various energy projects to lower your operating costs.

Sustainable Energy Fund will assist you in:

• Selecting a contractor
• Reviewing technical documentation
• Confirming savings projections
• Focusing your resources on your mission, not your energy bill
• Funding your project from utility bill savings

 

WHAT IS AN ENERGY SAVINGS AGREEMENT?









POWER PURCHASE AGREEMENTS

Through Sustainable Energy Fund’s Nonprofit Power Purchase Agreement Program, nonprofits can benefit from generating their own clean energy like thousands of American businesses and homeowners.

Sustainable Energy Fund will assist you in:

• Selecting an appropriate renewable energy system
• Reviewing technical documentation
• Confirming production estimates
• Focusing your resources on your mission, not your energy bill



What is a Power Purchase Agreement?




WAYS TO FUND YOUR PROJECT

SELF-FUNDED
Businesses can use current budgetary allocations, increased cash flow through utility savings, and cash reserves to implement projects.

ENVIRONMENTAL ATTRIBUTES
Utilities and other organizations utilize these commodities to comply with environmental regulations. When monetized, these commodities can create an income stream to help fund projects.

GOVERNMENTAL SUBSIDIES
Local, state and Federal governments offer a variety of programs including technical support, tax credits, tax deductions, grants, loan guarantees, and more.

UTILITY INCENTIVES
Act 129 legislation, which became effective in November 2008 in Pennsylvania, requires Pennsylvania Electric Distribution Companies (EDCs) to cost-effectively reduce electricity consumption and peak demand in their systems. To achieve this end, EDC’s have implemented a broad variety of programs and incentives for ratepayers.

THIRD PARTY
Third parties such as Sustainable Energy Fund, 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.