Wind and Geothermal Incentives Program

October 13, 2022

Summary

Overview

The Renewable Energy Program (REP) provides financial assistance in the forms of grant and loan funds to promote the use of alternative energy in Pennsylvania. The program is administered jointly by the Department of Community and Economic Development (DCED) and the Department of Environmental Protection (DEP) under the direction of the Commonwealth Financing Authority (CFA).

Uses
Activities to assist with geothermal technologies and wind energy projects.

Loans
Loans for component manufacturers of renewable energy generation equipment up to $40,000 for every new job created. Loans for geothermal systems or wind energy generation or distribution projects shall not exceed $5 million or 50 percent of the total project cost, whichever is less.

Grants
Grants for component manufacturers of renewable energy generation equipment up to $5,000 for every new job created. Grants for wind energy generation or distribution projects up to $1 million, or 30 percent of the total project cost, whichever is less. Grants for planning and feasibility studies up to 50 percent of the total cost of the planning project or $175,000, whichever is less.

Guarantees
Grants shall not exceed $5 million and have a term of not more than five years. In the event of a default, the grant will pay up to 75 percent of the deficiency.

Eligibility

A business; an economic development organization; an individual (geothermal only); or a political subdivision, includes municipalities, counties and school districts.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Pennsylvania
Incentive Type: Grant Program
Web Site: https://dced.pa.gov/programs/renewable-energy-program-rep-geothermal-wind-projects/
Administrator: Department of Community and Economic Development
Start Date: January 2009
Eligible Renewable/Other Technologies:
  • Geothermal Electric
  • Wind (All)
  • Geothermal Heat Pumps
  • Wind (Small)
  • Geothermal Direct-Use
Incentive Amount: There is a matching investment requirement of at least $1 for every $1 of program funds awarded. There is a $100 non-refundable application fee due at the time of submission made payable to the CFA. There is a 1% commitment fee on all approved loans.

Authorities

Name: Special Session H.B. 1
Date Enacted: 07/09/2008

Contact

Name: Program Information - DCED Renewable Energy Program
Organization: Department of Community and Economic Developm
Address: Commonwealth Keystone Building
Harrisburg PA 17120-0225
Phone: (717) 787-6245
Email: ra-dcedsitedvpt@pa.gov

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.