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Solar Energy Program (SEP) is sponsored by Pennsylvania Department of Community and Economic Development (DCED) and Department of Environmental Protection (DEP). Provides financial assistance for manufacturing, research and development, and generation of solar energy 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 Ben Franklin Technology Partners Challenge Grant Broadband Equity, Access, and Deployment (BEAD) Program COVID-19 Relief – Supporting Elm and Main (SEAM) PA Life Science Greenhouse Initiative Manufacturing Tax Credit (MTC) Program
According to the current listing, eligibility includes: Businesses, economic development organizations, and political subdivisions in Pennsylvania. 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) and Department of Environmental Protection (DEP). 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.
Past winners and funding trends for this program
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