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Find similar grantsSolar Energy Program (SEP) is sponsored by Pennsylvania Department of Community and Economic Development (DCED). Provides grants and loans to promote solar energy use and manufacturing in Pennsylvania.
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Solar Energy Program (SEP) - PA Department of Community & Economic Development Solar Energy Program (SEP) The Solar Energy Program (SEP) provides financial assistance in the form of grant and loan funds to promote the use of solar 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 promote the generation and use of solar energy and the manufacture or assembly of solar equipment.
Economic development organizations Political subdivisions, including municipalities, counties and school districts Grants for component manufacturers of solar energy generation equipment up to $5,000 for every new job created within three years after approval of the loan. Grants for solar energy generation or distribution projects shall not exceed $1 million or $1. 50 per watt, whichever is less.
In exchange for a grant, Solar PV projects will contractually commit to transfer ownership of the Solar Renewable Energy Credits (SRECs) generated by the system over to the CFA for the life of the project. Loans for component manufacturers of solar energy generation equipment up to $40,000 for every new job created within three years after approval of the loan.
Loans for solar energy generation or distribution projects shall not exceed $5 million or $3. 00 per watt, whichever is less. Loan guarantee 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. There is a matching investment requirement of at least $1 for every $1 of program grant funds awarded. There is a matching investment requirement of at least $1 for every $3 of program loan 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. Solar Energy Program Fact Sheet Local Share Account (LSA) – Fayette County Foundations in Industry Training (FIT) Grant Program City Revitalization and Improvement Zone (CRIZ)
According to the current listing, eligibility includes: Businesses, economic development organizations, political subdivisions, including municipalities, counties, and school districts. Confirm the full requirements in the official notice before applying.
Solar Energy Program (SEP) is funded by Pennsylvania Department of Community and Economic Development (DCED). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Pennsylvania. If your organization operates elsewhere, check the official notice for location requirements.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
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