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.
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 an at-large position.
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 (when appropriate) 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. Nominations will be accepted until the position is filled.
Interested parties should contact Emily Smedley at Berks County Community Foundation at 610-685-2223 or Angie Berzonski at the Community Foundation for the Alleghenies at 814-536-7741.
Statewide Sustainable Energy Board
Board Meeting Announcement Letter - The 2022 Annual Meeting was held in-person on Friday, April 28, 2023 at 11 AM. Press Release
2022 Annual Meeting Presentation
- Met-Ed & Penelec Sustainable Energy Fund
- Sustainable Development Fund
- Sustainable Energy Fund
- West Penn Power Sustainable Energy Fund
PA Sustainable Energy Board Best Practices - Approved at the Public Meeting of April 11, 2019 at Docket No. M-00031715.
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
Guidelines for Nomination, Election & Approval of Directors
Guidelines for Code of Conduct, Conflict of Interest & Confidentiality Policy
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