Eligible applicants may receive only one loan during each fiscal year, but they may apply for additional loans in future years, as long as the additional projects comply with the published guidelines current at the time of application.

PEDA was established in 1982 to promote applied energy research, provide financial incentives for the deployment of clean, alternative-energy projects and promote investment in Pennsylvania's energy sector. There are no income limits for geothermal loans. Within the first few months, the Pennsylvania Treasury provided the necessary base funding to take the WPP pilot program statewide. Loan terms are determined by the lending institution, and they have had a loan guarantee maximum of $500,000. Keystone HELP, Pennsylvania's special program for Energy Efficient Home Improvements now has lower rates and new rebates as a result of the Alternative Energy Investment Fund Act (Act 1). WPPSEF congratulates AFC First on this tremendous success and would like to thank the Pennsylvania Treasury, Pennsylvania Department of Environmental Protection, and the Pennsylvania Housing Finance Agency for taking a leadership role to support this program.
Incentive and policy data are reviewed and approved by the N.C. On August 30, 2012 the Pennsylvania Treasury announced that it issued its 10,000th loan to make homes more energy efficient. Additional work can be part of the financed project if at least 50% of the improvements include: Air Conditioning (Central) - Any efficiency rating; Air Sealing & Insulation This page was last modified on 12 February 2015, at 17:20. The Pennsylvania Green Energy Loan Fund (GELF) is a revolving loan fund that provides financing for energy efficiency retrofits and the installation of energy conservation measures and high-performance energy systems in buildings throughout Pennsylvania. National Energy Improvement Fund's EnergyPlus Loan is for energy, resiliency and other improvements to your home. PEDA was established in 1982 to promote applied energy research, provide financial incentives for the deployment of clean, alternative-energy projects and promote investment in Pennsylvania's energy … Loans for manufacturers of alternative and/or clean energy generation equipment or components shall not exceed $40,000 for every new job created within three years after approval of the loan. Keystone HELP® offers low-rate loans to help make affordable energy Work must be performed by a NEIF-Approved Contractor. The Pennsylvania Treasury provided a $20 million dollars to support a statewide loan program, which provided homeowners across the Commonwealth in low-interest loans to install ENERGY STAR labeled products in their home. The loan range is $1,000 - $15,000 with a fixed interest rate of 2.99% on a 3, 5, or 10 year loan term.

ft. natural gas, and 300k gallons of fuel oil. Geothermal loan options are as follows: For more information please see the program website, which contains detailed program guidelines and also lists several private loans that are available for people and projects that do not qualify for the Keystone loan programs. ), OpenEI is developed and maintained by the, http://www.depweb.state.pa.us/enintech/cwp/view.asp?a=1415&q=504241, Database of State Incentives for Renewables and Efficiency (DSIRE), https://openei.org/w/index.php?title=Pennsylvania_Energy_Development_Authority_(PEDA)_-_Loans_and_Loan_Guarantees_(Pennsylvania)&oldid=810060, Pennsylvania Energy Development Authority (PEDA) - Loans and Loan Guarantees, Commercial, Industrial, Local Government, Agricultural, Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs, Pennsylvania Department of Environmental Protection, Pennsylvania Energy Development Authority. A list of qualifying contractors is available on the program web site. This program offers a combination of grants, loans and loan guarantees to support in-state projects, manufacturing or research involving solar energy; wind; low-impact hydropower; geothermal; biologically-derived methane gas, including landfill gas; biomass; fuel cells; coal-mine methane; waste coal; integrated gasification combined cycle, and; demand management measures, including recycled energy and energy recovery, energy efficiency and load management. On August 30, 2012 the Pennsylvania Treasury announced that it issued its 10,000 The Pennsylvania Treasury provided a $20 million dollars to support a statewide loan program, which provided homeowners across the Commonwealth in low-interest loans to install ENERGY STAR labeled products in their home. Energy Improvements with Air Sealing (CAPP) Loans (unsecured) are for heating, cooling, insulation and other Energy Star qualified improvements that are part of a comprehensive project of blower door directed air sealing and other energy saving measures recommended by a BPI-certified contractor.
All installed equipment and material must be new, and work must be performed by a qualifying contractor. Loans are available only for projects initiated after February 23, 2009. Principally supported by the Department of Environmental Protection, Pennsylvania Treasury …

Incentive and policy data are reviewed and approved by the N.C. Keystone HELP lending has led to an annualized savings of 20 MWh of electricity, 400k cu.

Keystone HELP is now an innovative solution from Renew Financial. By 2013, Keystone HELP had provided more than $100 million in financing to over 11,000 Pennsylvania homeowners for energy efficiency improvements. Projects must be initiated after the effective date of the program (October 22, 2010) in order to qualify. For more information on future funding opportunities, see the program website or the Department of Environmental Protection's newsletter. GELF is managed for the DEP by the Reinvestment Fund and is supported through funding from the U.S. Department of Energy. Note: As of June 15, 2007, the PEDA solicitation has closed, but future funding may become available in Spring of 2008. On October 25, 2013 the Keystone HELP program won the prestigious 2013 Andromeda Star of Energy Efficiency award. Their affordable financing program offers interest rates lower than most traditional financing, allowing homeowners to make essential energy efficient upgrades that enhance their home’s comfort and value, while helping their communities save resources. Solar Center's DSIRE project staff. Program funding was increased as the program grew. WPPSEF provided $13,500 to fund Keystone HELP initial marketing efforts and a $1M loan pool for WPP homeowners who wanted to install ENERGY STAR labeled products by Keystone HELP certified contractors.

This program is principally supported by the Pennsylvania Treasury Department, PA Department of Environmental Protection, and the Pennsylvania Housing Finance Agency. OpenEI is developed and maintained by the, Database of State Incentives for Renewables and Efficiency (DSIRE), https://openei.org/w/index.php?title=Energy_Efficiency_Loan_Program_(Pennsylvania)&oldid=809143, Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs, 02/23/2009 (general); 10/22/2010 (geothermal loans), Vary by loan type; interest rates generally from 2.99% - 8.99% with terms from 3 - 20 years. PEDA jointly administers the loan program with the Pennsylvania Department of Community and Economic Development (DCED). Solar Center's DSIRE project staff. © 2013 - 2020 West Penn Power Sustainable Energy Fund | Board | wppsef@ems.psu.edu | Website by WebTek |. The date "02/23/2009 (general); 10/22/2010 (geothermal loans)" was not understood. Program funding was increased as the program grew. Pennsylvania homeowners who own and make qualifying improvements to their one- or two-unit primary residence located in the state and whose combined annual household income does not exceed $250,000 are eligible to apply for loans under this program. The interest rate on PEDA loans is 50% of the prime interest rate (as specified by Bloomberg), but no less than 3.25%. Loan guarantees for corporations, partnerships and other legal business entities have also supported by this program.