Zero Percent Financing Offered for Energy Efficiency, Renewable Energy Projects
Projects Must Reduce Energy Consumption or Generate Energy from Sustainable Resources
ALLENTOWN, Pa. — Sustainable Energy Fund invites not-for-profit and governmental entities in Pennsylvania to apply for a limited number of loans or leases at zero percent financing to complete energy efficiency or renewable energy projects.
Projects must reduce energy consumption of non-sustainable resources or generate energy from sustainable resources. Total available funding through the Sustainable Energy Finance Program is $425,000 with funding ranging from $5,000 to $85,000. All applications will be graded using a merit-based matrix.
The Request for Applications can be downloaded at www.thesef.org. The deadline for submission is June 30, 2014 at 4 p.m. Eastern Time. Successful applicants will be announced on July 31, 2014. Projects may include HVAC upgrades, building envelope improvements, solar photovoltaic installation, and lighting retrofits, among others.
“Every dollar a not-for-profit or governmental organization spends on energy is one less dollar they have to further their mission,” said John Costlow, director of technical services, in making the announcement. “The Sustainable Energy Finance Program creates a low-cost opportunity for not-for-profits to reduce their energy consumption and reclaim those dollars in support of their programs.”
Sustainable Energy Fund, a nonprofit organization, assists energy users in overcoming financial, educational, and regulatory barriers to attain a sustainable energy future.
For more information, visit www.thesef.org.
Publication date: 5/19/2014