Implementing Sector: | Local |
Category: | Financial Incentive |
State: | Pennsylvania |
Incentive Type: | Grant Program |
Web Site: | http://www.metedpenelecsef.org/index.php?option=com_content&view=article&id=85 |
Administrator: | Berks County Community Foundation |
Eligible Renewable/Other Technologies: | Solar - Passive, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Municipal Solid Waste, Combined Heat & Power, Fuel Cells using Non-Renewable Fuels, Landfill Gas, Wind (Small), Fuel Cells using Renewable Fuels |
Eligible Efficiency Technologies: | Yes; specific technologies not identified |
FirstEnergy (formerly GPU) established the Metropolitan Edison Company (Met-Ed) Sustainable Energy Fund in 2000 with an initial contribution of $5.7 million. The fund later received an additional contribution of $2.5 million as a result of the merger between GPU Energy and FirstEnergy, bringing the total to $8.2 million. The fund is administered by the Berks County Community Foundation. 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, but a limited number of grants are available each year for specific purposes. The following types of projects are currently eligible for grants:
Examples of projects funded in the past are available on the program web site, along with details of the grant guidelines.
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