Palmetto Clean Energy (PaCE) Inc., a South Carolina nonprofit, is disbursing grants for the lesser of 50 percent or $50,000 of the cost of new solar photovoltaic installations to schools, school districts and education-focused non-profits in South Carolina. In aggregate, the PaCE Solar Grant Pilot seeks to disburse up to $250,000 in funding to institutions by first quarter 2014.
Applicants must provide at least 50 percent of the project cost and demonstrate that matching funds are available, in-hand or otherwise committed before PaCE will release any funds to a qualifying applicant selected for the program. Matching funds may be in the form of in-kind goods or services, such as installation or project design. Grant funds may only be applied to the cost of installing new, grid-connected PV systems located on property owned by the applicant.