PA Creates Alternative Energy Fund

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Pennsylvania is establishing a $500 million fund to support alternative energy projects. Most of the money will be split into six funding sources:

$80 million in grants and loans for solar energy projects; $100 million in grants, loans, and rebates for up to 35% of the cost of solar energy projects at residences and small businesses; $165 million in grants and loans for alternative energy projects, excluding solar energy, at businesses and local government facilities; $25 million for wind and geothermal energy projects; $40 million to help start-up businesses involved in energy efficiency technologies; and $25 million in grants and loans to improve the energy efficiency of new and existing homes and small business buildings. An additional $65 million will go toward pollution control technologies and to help low-income families pay their energy bills.

Source: EERE News

Tag(s): Energy, Going Green, Green Building, Greenhouse Gas Emissions / Global Warming

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