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FAQ
WPEF is a 501(c)3 nonprofit organization that provides investment capital, and a limited amount of grant making, to spur the deployment of renewable energy and other forms of clean power, energy efficiency, and sustainable energy outreach events.
WPEF (formerly WPPSEF) was established out of the proceedings that followed the passage of the Pennsylvania’s Electricity Generation Customer Choice and Competition Act (HB 1509) in 1996. West Penn Power was required to develop and submit their restructuring plan to the PA Public Utilities Commission (PUC) for approval. The West Penn Power restructuring plan provided funding to promote renewable energy that led to the establishment of a separate, stand-alone nonprofit organization. WPEF was incorporated in June 2000 and started to provide project funding in 2001.
No.
Yes. Four funds were created as a result of the restructuring plans of five electric companies. To learn more visit the Pennsylvania Public Utility Commission.
The WPEF is constantly seeking mission aligned investment opportunities.
Visit our Project Gallery to discover many innovative projects that have changed our communities. If you have a project that needs financing, ask yourself, “How will my project change my community?” Maybe the WPEF can help.
Financing requests can be submitted to the WPEF anytime. Applicants are required to submit an investment inquiry application form, which provides the WPEF a brief summary of your project and its financing needs. Grants requests are generally solicited 1-2 times/ annually through a grant making request-for-proposals. You do not have to wait for the RFP, the WPEF is constantly seeking mission aligned projects.
WPEF board and staff work together closely to evaluate incoming funding requests. The WPEF board has final approval on all funding commitments.
The WPEF staff works closely with the applicant to gather the necessary project information needed to conduct a technical and financial due diligence for the Board. After these data have been collected and reviewed, the funding request is reviewed by the WPEF Board for funding consideration. The WPEF Board meets every two months to review funding requests.