Through grants and investments, the Metropolitan Edison/Penelec Sustainable Energy Fund promotes 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.
In 2000, the Community Foundation received $6.8 million to establish the Penelec Sustainable Energy Fund as the result of the deregulation and subsequent settlement agreements by Pennsylvania Electric Utilities. At the same time, the Metropolitan Edison Company Sustainable Energy Fund was established and is managed by Berks County Community Foundation. The two funds, which share an advisory committee and are commonly referred to in the singular as the Met-Ed / Penelec Sustainable Energy Fund, marked their 20th anniversary in 2020. Since inception, the Met-Ed / Penelec SEF has approved 231 grants totaling $4,537,825; 49 loans totaling $24,543,724; and 3 equity investments totaling $1,600,000.
After a strategic planning process in 2018, the Met-Ed / Penelec Sustainable Energy Fund revised its grant application and review process. Grant opportunities for 2020 will support these specific types of projects and programs:
- Development and use of clean energy technologies and energy efficiency: Applications for this program will be accepted online from January 15 through March 16. Decisions will be made by July 2020.
- Research and development: In May 2020 (exact time frame to be determined), a Requests for Proposals will be released to provide grants to support research and development efforts, particularly for programs that will close the gap on the cost difference between traditional energy technologies and renewables.
Note that these are no longer rolling grant opportunities. All applications for 2020 must be completed online by the established deadlines in order to be considered.
Click here for more information about the Met-Ed /Penelec Sustainable Energy Fund, details about these grant opportunities, and links to the grant applications.