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Pennsylvania

Pennsylvania

Incentives/Policies for Renewables & Efficiency

Printable Version
Small Business Pollution Prevention Assistance Account Loan Program   

Last DSIRE Review: 11/25/2014
Program Overview:
State: Pennsylvania
Incentive Type: State Loan Program
Eligible Efficiency Technologies: Lighting, Chillers , Furnaces , Boilers, Heat pumps, Central Air conditioners, Motors, Processing and Manufacturing Equipment, Custom/Others pending approval
Eligible Renewable/Other Technologies: Not specified, but must meet general project eligibility criteria
Applicable Sectors: Commercial, Industrial, (no more than 100 full-time employees)
Amount:Up to 75% of total eligible project cost
Maximum Incentive:$100,000 within any 12-month period
Terms:2% fixed interest; Maximum loan term of 10 years
Program Budget:$2 million (annually)
Web Site: http://www.portal.state.pa.us/portal/server.pt/community/financia...
Summary:

The Pollution Prevention Assistance Account (PPAA) offers low-interest loans to help small businesses (100 full-time employees or less) located within the state implement energy efficiency and pollution prevention projects. Loans may be issued for 75% of project costs up to $100,000 within any 12-month period, with terms of up to 10 years. The program is only available to qualifying businesses that adopt or install pollution prevention or energy efficient equipment or processes that reduce or reuse raw materials on-site, reduce the production of waste, or significantly reduce energy consumption and are directly related to the business activity. Renewable energy systems are eligible for loans under this program if they meet the project eligibility criteria. A list of potentially eligible projects is provided in the program guidelines.

The program is administered by the PA Department of Environmental Protection and the PA Department of Community and Economic Development. Since the program's inception in 1999, DEP has received 186 loan applications totaling more than $9.3 million. In order to qualify, the project must have a payback that is less than or equal to the loan term, and the expected benefits must extend past the term of the loan. Applications are available at the program web site above.


 
Contact:
  Gene DelVecchio
Pennsylvania Department of Environmental Protection
Office of Energy and Technology Deployment
Rachel Carson State Office Building
400 Market Street, 15th Floor
Harrisburg, PA 17105-8772
Phone: (717) 783-8411
Fax: (717) 783-2703
E-Mail: gdelvecchi@pa.gov
Web Site: http://www.depweb.state.pa.us
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.