Ways to Fund Your Project
Businesses can use current budgetary allocations, increased cash flow through utility savings, and cash reserves to implement projects.
Utilities and other organizations utilize these commodities to comply with environmental regulations. When monetized, these commodities can create an income stream to help fund projects.
Local, state, and Federal governments offer a variety of programs including technical support, tax credits, tax deductions, grants, loan guarantees, and more.
Act 129 legislation, which became effective in November 2008 in Pennsylvania, requires Pennsylvania Electric Distribution Companies (EDCs) to cost-effectively reduce electricity consumption and peak demand on their systems. To achieve this end, EDCs have implemented a broad variety of programs and incentives for ratepayers.
Third parties such as Sustainable Energy Fund offer a variety of funding mechanisms including loans, leases, purchase agreements, and performance contracts as well as direct equity and tax equity investments.