Sustainable Energy Fund
Four funds were created as a result of the restructuring plans of five electric companies. The funds are designed to promote the development of sustainable and renewable energy programs and clean-air technologies on both a regional and statewide basis. The funds have provided more than $20 million in loans and $1.8 million in grants to over 100 projects. A Statewide Sustainable Energy Board was formed in 1999 to enhance communications among the four funds and state agencies. The board includes representatives from the Commission; the Department of Environmental Protection; the Department of Community and Economic Development; the Office of Consumer Advocate; the Pennsylvania Environmental Council; and each regional board.
The four renewable and sustainable energy funds include:
West Penn Power Sustainable Energy Fund - Docket No. M-00031715F0005.
Metropolitan Edison Company and Pennsylvania Electric Company Sustainable Energy Fund - Docket No. M-00031715F0004.
The Sustainable Energy Fund of Central Eastern Pennsylvania - Docket No. M-00031715F0003.
The Sustainable Development Fund - Managed by Reinvestment Fund at Docket No. M-00031715F0002.
Statewide Sustainable Energy Board
The Met Ed/Penelec Sustainable Energy Fund is seeking nominees for the Advisory Board.
Through the making of grants and program-related investments, the funds promote the development and use of renewable energy and clean energy technologies, energy conservation and efficiency, sustainable energy businesses, and projects that improve the environment in the companies’ service territories.
The Advisory Board consists of not fewer than seven nor more than nine positions. The term of a board member is two years and members may serve a total of six terms.
The funds are seeking nominations for the following position:
A representative from an independent power producer
Interested parties are eligible for nomination and consideration by the Advisory Board. Candidates for nomination to the Advisory Board will be evaluated in terms of the following criteria:
Experience and skills related to specifically slotted positions
An understanding of and empathy for mission-related decision-making in keeping with prudent financial considerations
Ability to work collaboratively and with people with divergent interests
Able to meet by conference call or in-person at various Pennsylvania locations up to six times per year
This announcement is made in keeping with the best practices of the Pennsylvania Sustainable Energy Board (PASEB) and is being distributed on the websites of the Public Utility Commission and the Met/Ed Penelec Sustainable Energy Fund, as well as relevant newsletters and other sources. There is no financial compensation for Board service. This notice may be forwarded to interested parties.
Individuals interested in nomination to the Advisory Board or seeking additional information should contact:
Vice President for Programs and Initiatives
Berks County Community Foundation
237 Court Street
Reading, PA 19601
Board Meeting Announcement Letter - The 2018 Annual Meeting was held on February 7, 2019 at 10:30 a.m. in the Desert Room in the Keystone Building Meeting Center of the Commonwealth Keystone Building in Harrisburg.
PA Sustainable Energy Board By Laws - Approved at the Public Meeting of May 19, 2016. Docket No. M-00031715. Errata Notice - Public Meeting of May 19, 2016 at Docket No. M-00031715.
PASEB Best Practices - Order approving the PASEB Best Practices from the Public Meeting of March 1, 2007. Docket No. M-00031715.
Best Practices for Regional Sustainable Energy Funds
Guidelines for Inquiries and Applications for Grants, Loans & Equity Investments