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Alternative and Clean Energy Program (ACE) – Loan
Pennsylvania — state programLoans for manufacturers shall not exceed $40,000 for every new job created within three years after approval. Loans for any alternative energy production or clean energy project shall not exceed $5 million or 50 percent of the total project cost, whichever is less.
Provides loan funding for the utilization, development, and construction of alternative and clean energy projects in Pennsylvania, including infrastructure for CNG/LNG fueling stations and energy efficiency/conservation projects. Loans are available to businesses, economic development organizations, and political subdivisions.
Program details
- Type
- loan
- Amount
- Loans for manufacturers shall not exceed $40,000 for every new job created within three years after approval. Loans for any alternative energy production or clean energy project shall not exceed $5 million or 50 percent of the total project cost, whichever is less.
- Eligibility
- Businesses, economic development organizations, political subdivisions (includes municipalities, counties and school districts)
- Status
- open
- Administrator
- Department of Community and Economic Development (DCED) / Department of Environmental Protection (DEP) / Commonwealth Financing Authority (CFA)
Source: Pennsylvania — state program. Confirm current terms with the administering agency before applying.