Last Updated July 27, 2020
Program Overview
Category:
Financial Incentive
State:
Pennsylvania
Incentive Type:
Loan Program
Administrator:
Pennsylvania Department of Environmental Protection
Start Date:
N/A
Expiration Date:
N/A
Applicable Sectors:
Commercial, Industrial
Eligible Renewable/Other Technologies:
Lighting, Chillers, Furnaces, Boilers, Heat pumps, Air conditioners, Motors, Processing and Manufacturing Equipment, Custom/Others pending approval, Renewable Energy
Summary
The Pollution Prevention Assistance Account (PPAA) offers low-interest loans to help small businesses (100 full-time employees or less) located within the state implement energy efficiency and pollution prevention projects. Loans may be issued for 75% of project costs up to $100,000 within any 12-month period, with terms of up to 10 years. The program is only available to qualifying businesses that adopt or install pollution prevention or energy efficient equipment or processes that reduce or reuse raw materials on-site, reduce the production of waste, or significantly reduce energy consumption and are directly related to the business activity. Renewable energy systems are eligible for loans under this program if they meet the project eligibility criteria. A list of potentially eligible projects is provided in the program guidelines.
The program is administered by the PA Department of Environmental Protection and the PA Department of Community and Economic Development. In order to qualify, the project must have a payback that is less than or equal to the loan term, and the expected benefits must extend past the term of the loan. Applications are available at the program web site above. The program is also now a part of the Pennsylvania Industrial Development Authority (see full program guidelines).