PA Alternative Energy Investment Fund
The first state program with incentives for greener construction was rolled-out January 12: the Small Business Energy Efficiency Grant is here! The PA Dept of Environmental Protection (PADEP) will be managing the program. Here is a quick lowdown:
How Much: Grant of up to $25,000 or 25% of the total cost, whichever is LESS. Works on a reimbursement basis.
Eligible Projects: Energy efficiency improvements to existing buildings (windows, doors, insulation); energy efficient lighting; high efficiency furnaces, boilers and air conditioners; geothermal heat pumps; energy efficient refrigeration; energy efficient manufacturing process equipment.
Project Requirements:
- MUST show energy savings of at least 20 % for the system being replaced; or represent at least 20 % of the entire business’ energy consumption.
- MUST save at least $1,000 / year in energy costs.
- Business must register in EPA’s Energy Star Portfolio Manager Program.
- Reimbursement form must be sent in once project is complete.
- One Year Follow-Up Report is required, showing energy savings.
Eligible Applicants:
SMALL BUSINESSES located within PA – for-profit business enterprise that is:
- Corporation
- LLC
- Partnership
- Sole proprietorship
- Or other legal business entity that has no more than 100 full-time employees
Ineligible Applicants:
- Non-profit and tax-exempt organizations.
- Residential rental units and dwellings.
Grant available only from January 12th to May 1st, 2009 !
Thanks to the PA Environmental Council www.pecpa.org for their efforts in diceminating this information.