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Combined Heat and Power Partnership

Metropolitan Edison Company SEF Loans (FirstEnergy Territory)

Date Last Updated11/16/2012
Incentive TypeLoan
State/FederalPA
Incentive Administrator/Contact OfficeBerks County Community Foundation
Incentive Initiation Date1/1/2000
Incentive Size and Funding SourceFirstEnergy established the Metropolitan Edison Company Sustainable Energy Fund which has a total of $8.2 million. The majority of funding available from the Metropolitan Edison Company SEF takes the form of investments made in businesses pursuing one or more of the fund's objectives. These funds typically will be distributed as loans or equity investments. The program is designed to provide maximum flexibility in structuring the investments in a way that best suits the needs of the applicants and the fund's objectives. Generally, investments from the fund will not exceed $500,000 per project, though the Community Foundation reserves the right to deviate from that guideline.
Eligible RecipientAny organization, governmental entity, individual or corporation may apply for funding under this program.
Eligible FuelDoes Not Specify
Eligible Project Size (MW)Does Not Specify
Minimum Efficiency Required (%)Does Not Specify
Other Selected Eligibility CriteriaThe following types of projects are eligible for consideration:
  • Projects that will generate electric power from renewable energy sources. Equity or lending investments may be made in projects that use wind, solar, biomass, methane or hydro to generate electric. Projects may be either small scale (for onsite consumption) or large scale (added to the grid).
  • Projects involving the development of sustainable energy technology (e.g. solar panel manufacturing).
  • Businesses using renewable energy in the operation of their business (e.g. using wind power to drive equipment).
  • Business that enhances energy efficiency and conservation (e.g. recycling).
UtilityFirstEnergy
Application Form(s)Application Instructions
Resource Website(s)

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