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 Energy Fund - Docket No. M-2023-3041569.
Metropolitan Edison Company and Pennsylvania Electric Company Sustainable Energy Fund - Docket No. M-2023-3041568.
The Sustainable Energy Fund of Central Eastern Pennsylvania - Docket No. M-2023-3041567.
The Sustainable Development Fund - Managed by Reinvestment Fund at Docket No. M-2023-3041565.
Sustainable Development Fund Seeks Nominees for Board of Directors
Public Notice for PECO Service Territory (PDF)
2026 Call for Board Member Candidates
The Sustainable Development Fund (SDF)—managed by Reinvestment Fund1 —is seeking nominations to fill upcoming Board of Director vacancies. SDF provides affordable financing to advance energy efficiency, electrification, and clean energy projects that reduce emissions and energy costs and support community-serving organizations across PECO’s electric service territory.
About SDF’s Service Territory
SDF supports projects located in PECO electric service territory: Bucks, Chester, Delaware, Montgomery, and Philadelphia Counties, plus sections of Lancaster and York Counties.
Board Composition and Purpose
SDF is governed by a volunteer Board of Directors (minimum of seven members) and seeks Directors who collectively represent a broad range of experiences, skills and perspectives of ratepayer and other constituencies and would expand the Board’s ability to advance SDF’s mission. No organization or party has an exclusive “seat” on the Board.
Selection Objectives for This Nomination Cycle
To strengthen the Board’s ability to evaluate projects and expand engagement across the service territory, the Nominations Committee is interested in candidates with one or more of the following skills, perspectives, and community connections:
- Mission Fit
- A commitment to SDF’s mission to promote the use of clean energy and the resulting reduction of emissions among commercial, industrial, institutional and residential customers in the PECO Energy Service Territory
- Interest in promoting the start-up, attraction, expansion and retention of sustainable energy businesses, commercial enterprise, and sustainable development in the PECO Energy Service Territory.
- PECO Service Territory Representation
- Prioritization will be placed on finding members from the following counties, which represent the PECO Service Territory. New members are being sought from the following counties, listed from greatest to least need based on the current composition of the existing Board and the number of PECO ratepayers in each area:
- Bucks
- Chester
- Montgomery
- Delaware
- Philadelphia
- York
- Lancaster
- Prioritization will be placed on finding members from the following counties, which represent the PECO Service Territory. New members are being sought from the following counties, listed from greatest to least need based on the current composition of the existing Board and the number of PECO ratepayers in each area:
- Community Development Skills & Capabilities
- Skill and experience with community development across a broad reach of industries.
- Individuals with deep community connections that could be leveraged to establish a network of relationships for current and future programs.
- Access to hard-to-reach projects to establish strategic partnerships.
- Nonprofit / Advocacy Sector Representation
- Individuals representing nonprofit or advocacy organizations that have or could have connections to energy efficiency, electrification, and clean energy projects that reduce emissions and energy costs.
- Connections to organizations that advance promising clean energy projects but face barriers such as access to capital.
Expected Responsibilities and Time Commitment
Directors provide input and oversight for SDF’s activities; help identify strong projects and partners; and review program plans and budgets. The Board meets at least annually, though additional meetings are common, as needed, to conduct committee work and review of projects; virtual participation is permitted.
Board service is volunteer (no stipend). Reasonable, pre-approved expenses may be reimbursed with receipts.
Who May Nominate
Nominations may be submitted by any person with an interest in Pennsylvania’s electric utility industry, energy efficiency or clean energy technologies. Self-nominations are welcome.
How to Submit a Nomination
For consideration, candidate nominations should be submitted through the following link: 2026 Sustainable Development Fund Board Nomination Form – Fill out form
Deadline
Nominations must be received by July 24th, 2026. Nominations will be accepted for a period of not less than four weeks following publication of this notice.
Nomination & Approval Process
The SDF Nominations Committee will review all nominations and reach out directly to candidates for elaboration or clarification and an interview if there is a potential fit. The Nominations Committee will request all final candidates to provide the following:
- Written certification that the nominee does not have any criminal convictions (felonies or misdemeanors) and is not the subject of any current criminal investigations.
- (Recommended) A brief note identifying any potential conflicts of interest (e.g., affiliations that could create a financial interest in organizations seeking SDF support), understanding that SDF maintains conflict-of-interest expectations for Board-related deliberations.
The SDF Board will elect a nominee or nominees, and SDF will submit the selected candidate’s or candidates’ information to the Pennsylvania Public Utility Commission (PUC) for final approval.
Questions?
Please submit any questions to Portia Portugal at Portia@MasTalentHR.com
This notice is distributed consistent with Pennsylvania Sustainable Energy Fund best practices and may be forwarded to interested parties.
[1] Reinvestment Fund is a national mission-driven financial institution that creates opportunity for underserved people and places through partnerships. We marshal the capital, analytics, and expertise necessary to build strong, healthy, and more equitable communities.
Statewide Sustainable Energy Board
Board Meeting
Board Meeting Announcement Letter - The 2026 Annual Meeting was held in-person on Thursday, March 19, 2026, at 11 AM.
2026 Annual Meeting Presentations
Presentations will be posted after the meeting.
- Met-Ed & Penelec Sustainable Energy Fund
- Sustainable Development Fund
- Sustainable Energy Fund
- West Penn Power Energy Fund
Orders
PA Sustainable Energy Board Bylaws - Approved at the Public Meeting of March 27, 2025. Docket No. M-00031715.
PA Sustainable Energy Board Best Practices - Approved at the Public Meeting of April 11, 2019 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
Annual Reports
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