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Combined Heat and Power Partnership

Sustainable Development Fund Financing Program (PECO Territory)

Date Last Updated11/16/2012
Incentive TypeLoan
State/FederalPA
Incentive Administrator/Contact OfficeThe Reinvestment Fund, Inc.
Incentive Initiation Date7/1/1985
Incentive Size and Funding SourceThe Sustainable Development Fund (SDF) received funding and responsibilities as a result of a PECO Energy/Unicom merger settlement. In total, the fund has received approximately $31.8 million in income over its lifetime. The SDF provides financial assistance to eligible projects in the form of commercial loans, subordinated debt, royalty financing and equity financing. The specific terms of the financial support are flexible and are determined on a case-by-case basis. SDF also has a lease-financing product for large nonprofit institutions (schools and hospitals) and commercial real estate owners for energy conservation improvements.
Eligible Recipient
  • A company or venture that generates electricity using renewable energy sources.
  • A manufacturer, distributor or installer of renewable energy, advanced clean energy and energy-conserving products and technologies.
  • A company or organization that is an end-user of renewable energy, advanced clean energy and energy-conserving products and technologies.
The SDF Commercial Financing Program also provides flexible business loans to:
  • Manufacturers, wholesalers/distributors, retailers and service companies who want to finance equipment upgrades or electricity energy savings improvements to their plant/office facilities.
  • End-user companies wishing to purchase advanced clean energy systems.
  • Start-ups and expansions of companies producing clean energy.
Eligible FuelDoes Not Specify
Eligible Project Size (MW)Does Not Specify
Minimum Efficiency Required (%)Does Not Specify
UtilityPECO
Application Form(s)Funding Request Form
Resource Website(s)

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