Our Green Bank
Accelerating our clean energy future.
PEA launched the Philadelphia Green Capital Corp. (PGCC) to align public, private and philanthropic capital. Together we can move projects forward quickly and equitably, scale proven solutions, unlock new investment, and deliver cleaner, more resilient energy systems across Greater Philadelphia and the Commonwealth of Pennsylvania.
Every dollar invested through PGCC delivers measurable community benefits and builds a clean energy economy that works for everyone — powering what’s needed now and what comes next.
9x
Solar investments unlocked
2x
Affordable housing preserved
$300-$1,000
Annual savings for Built to Last participants
Multiply the Impact
PEA and PGCC welcome philanthropic funding. Each investment enables more projects, offering solutions that markets and governments alone cannot deliver.
- Fill gaps in home repair programs
- Deploy solar across all communities
- Provide clean energy financing
- Scale innovative approaches
- Unlock innovation
- Pilot new models
How Green Banks Work
PGCC is a 501(c)3 nonprofit working alongside PEA to grow the clean energy economy and bring more projects to communities that need them most.
Deploying Capital
Provide affordable, flexible loans for solar, energy efficiency, and other clean energy projects.
Scaling Impact
Leverage private and public resources to maximize project outcomes and economic impact.
Managing Funds
Advancing shovel-ready projects quickly, sustainably and equitably.
Scaling Built to Last
In Philadelphia, thousands of longtime homeowners are living in unsafe homes they can’t afford to fix — and risk losing the stability they’ve worked their whole lives to build. PGCC plays a critical role supporting Built to Last.
Aging Homes
Many Philadelphia homeowners live in older homes with compounding repair needs and rising utility costs. PGCC fills gaps when limited resources otherwise prevent critical improvements.
Energy Burden
Low-income households spend a disproportionate share of income on energy, making housing instability and utility affordability deeply connected challenges.
Fragmented Systems
Traditional repair and assistance programs often address only one issue at a time, leaving homeowners to navigate multiple complicated systems independently.
Layered Funding
PGCC combines philanthropic, public, and partner funding sources to close repair gaps and unlock access to additional housing and energy programs.
Greater Impact
For every $100 invested through Built to Last, the program leverages another $61 from partners to deliver comprehensive home preservation interventions.
Whole-Home Solutions
Built to Last coordinates home repairs, energy upgrades, and health improvements — creating safer, healthier, and more affordable homes for participating households.
Supporting Solar Access
PGCC’s Solar Renewable Energy Credit Revolving Fund is an innovative low-income solar energy financing model. This partnership between PGCC, PEA, the City of Philadelphia, and Solarize installers reduces the cost of rooftop solar for thousands of low-income households.
