HARRISBURG – The Pennsylvania Sustainable Energy Board (PASEB), in conjunction with the Pennsylvania Public Utility Commission (PUC), today held its annual meeting in Harrisburg. The meeting was held to update Commonwealth agencies and other interested groups on activities of the regional Sustainable Energy Funds (SEFs).
The PPL SEF provided overviews of its commercial loan program and non-profit energy savings agreement program, along with an update on EnergyPath 2016 and 2017.
The West Penn Power Co. SEF showcased its funding commitments to the construction of high performance buildings and programs geared to raise public awareness.
The Metropolitan-Edison Co. and Pennsylvania Electric Co. SEF discussed 2016 grant and loan approvals and highlights from programs funded for various businesses.
Representatives from the PECO Sustainable Development Fund (SDF) presented information on SDF’s new energy loans that closed in 2016 and its experience with Energy Service Companies now providing guaranteed energy savings contracts for modest-sized commercial clients, in addition to an update on its reinvestment fund.
The PASEB was originally established by the Commission in 1999 to provide oversight, guidance and technical assistance to the regional sustainable energy boards that have funded projects such as wind farms, solar power systems, smart thermostat programs and the construction of buildings using energy efficient technologies. On Aug. 7, 2003, the Commission issued an order further defining the role of the PASEB. That order charged the PASEB with holding an annual meeting; enhancing communications among the four funds and state agencies; and establishing bylaws and a “best business practices” model.
The Pennsylvania Public Utility Commission balances the needs of consumers and utilities; ensures safe and reliable utility service at reasonable rates; protects the public interest; educates consumers to make independent and informed utility choices; furthers economic development; and fosters new technologies and competitive markets in an environmentally sound manner.
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