Grants for Wind Projects Available, Apply By March 31

The Sustainable Development Fund has announced the availability of approximately $2 million in wind energy production incentive grants to support new wind projects in Pennsylvania that will begin commercial operation by December 31, 2005.

Applications are due in hand by noon on March 31.

The SDF will provide financial support to successful applicants in the form of wind energy production incentive payments. The production incentive, priced at 1.5 cents per kilowatt-hour, will be paid quarterly until the entire amount of the grant has been earned by the wind project.

The SDF will not commit these funds to projects that are unable to meet the 2005 deadline.

For more information visit the SDF Wind Energy Grant webpage, or contact Roger E. Clark at roger.clark@trfund.com or call 215-574-5800.


3/25/2005

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