Starting September 1, the Commonwealth Financing Authority will begin accepting applications for its Solar Energy Program. (formal notice) The deadline for applications is October 21.
About $10 million will be available for new projects, however, that number may be revised upward in December if more funds become available from previously funded projects that fell through.
The CFA plans to deploy funds that are (or will be) available from projects that either did not use all of the originally awarded funding or will not proceed. As a result of previous approvals through the Solar Energy Program, there are currently completed or started projects representing almost 25 megawatts of solar power installed across this Commonwealth.
Previously submitted applications for still viable projects that were not approved by the CFA in the past must be updated and resubmitted following Solar Energy Program guidelines. It is possible to request an application fee waiver for those projects. The CFA anticipates acting on Solar Energy Program applications at the January 2012 board meeting.
It is important to note that CFA contracts extended to newly approved projects will be 12 months in length. Applications should be submitted with this in mind and should represent projects ready to move forward within 6 months of application submission.
Review the Solar Energy Program Guidelines thoroughly before applying. Eligible applicants are encouraged to contact Tigh Savercool at 717-720-1401 to discuss potential projects before beginning the application process.
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