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Find similar grantsRenewable Energy Program (REP) - Geothermal and Wind Projects is sponsored by Pennsylvania Department of Community & Economic Development. This opportunity supports mission-aligned projects and measurable outcomes.
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Renewable Energy Program (REP) - Geothermal and Wind Projects - PA Department of Community & Economic Development Renewable Energy Program (REP) – Geothermal and Wind Projects The Renewable Energy Program (REP) provides financial assistance in the forms of grant and loan funds to promote the use of alternative energy in Pennsylvania.
The program is administered jointly by the Department of Community and Economic Development (DCED) and the Department of Environmental Protection (DEP) under the direction of the Commonwealth Financing Authority (CFA) . Activities to assist with geothermal technologies and wind energy projects. Loans for component manufacturers of renewable energy generation equipment up to $40,000 for every new job created.
Loans for geothermal systems or wind energy generation or distribution projects shall not exceed $5 million or 50 percent of the total project cost, whichever is less. Grants for component manufacturers of renewable energy generation equipment up to $5,000 for every new job created. Grants for wind energy generation or distribution projects up to $1 million, or 30 percent of the total project cost, whichever is less.
Grants for planning and feasibility studies up to 50 percent of the total cost of the planning project or $175,000, whichever is less. Grants shall not exceed $5 million and have a term of not more than five years. In the event of a default, the grant will pay up to 75 percent of the deficiency.
A business; an economic development organization; an individual (geothermal only); or a political subdivision, includes municipalities, counties and school districts. There is a matching investment requirement of at least $1 for every $1 of program funds awarded. There is a $100 non-refundable application fee due at the time of submission made payable to the CFA.
There is a 1% commitment fee on all approved loans. Coal Refuse Energy and Reclamation Tax Credit COVID-19 ARPA Digital Connectivity Technology Program New PA Venture Capital Investment Program Pennsylvania Economic Development Financing Authority (PEDFA) Taxable Bond Program COVID-19 ARPA PA Arts and Culture Recovery Program (PACR) COVID-19 Relief Statewide Small Business Assistance
According to the current listing, eligibility includes: Entities involved in geothermal systems or wind energy generation or distribution projects. Also component manufacturers of renewable energy generation equipment. Confirm the full requirements in the official notice before applying.
The current listing shows up to $5 million (loans), up to $1 million (grants for wind/geothermal projects), up to $175,000 (grants for planning/feasibility studies). Verify award ceilings, matching requirements, and allowable costs in the official notice.
Renewable Energy Program (REP) - Geothermal and Wind Projects is funded by Pennsylvania Department of Community & Economic Development. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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