The Philadelphia Energy Authority (PEA) and its green bank affiliate, the Philadelphia Green Capital Corp. (PGCC), announce the launch of Solarize Greater Philadelphia. The initiative brings together multiple programs that assist Greater Philadelphia property owners in reaping the benefits of solar energy. PEA launched Solarize Philly in 2017 as a group buying program to help […]
For immediate release: April 24, 2025 Contacts:Ben BlockSenior Manager CommunicationsPhiladelphia Energy Authority(215)688-5134Media@philaenergy.org PHILADELPHIA, April 24 – The Philadelphia Energy Authority (PEA) and City leadership announced findings from a University of Pennsylvania Crime and Justice Policy Lab study showing that the Philly Streetlight Improvement Project (PSIP) has achieved a 21-percent reduction in nighttime outdoor gun crimes […]
The Philadelphia Energy Authority is partnering with the Pennsylvania Solar Center’s G.E.T. Solar initiative to accelerate adoption of solar energy among the region’s businesses, municipalities, schools, and nonprofits. Through the partnership, the G.E.T. Solar initiative’s free technical assistance will be combined with financial guidance made available from the Philadelphia Green Capital Corp. Solarize Greater Philadelphia […]
Written by Scott Doig, PEA Summer 2024 Intern and Senior at Oberlin College The Philadelphia C-PACE (Commercial Property Assessed Clean Energy) program requires that new construction and gut rehab projects exceed the minimum energy efficiency code requirements established by Philadelphia’s building energy code. The current code is International Energy Conservation Code (IECC) 2018. Beginning in […]
C-PACE was used to finance the construction of 114-unit multifamily property in the Fishtown neighborhood near the Market-Frankford “El” expanding on the number of transit-oriented developments in the area. On July 31, 2024, PACE Loan Group (PLG) closed a $10.6 million C-PACE loan with 1440 FRONT LLC to complete the capital stack for the new construction […]