“Rural Energy for America” program (REAP)

16 Feb

Under Secretary Dallas Tonsager announced availability of funds for  “Rural Energy for America” program (REAP) on January 20, 2012. REAP provides financial assistance via loan guarantees and grants to agricultural producers and rural small businesses in rural America to purchase, install, and construct renewable energy systems; make energy efficiency improvements to non-residential buildings and facilities; use renewable technologies that reduce energy consumption; and participate in energy audits, renewable energy development assistance, and feasibility studies.

Who’s eligible? Rural small businesses and agricultural producers.  An agricultural producer is an individual or entity directly engaged in the production of agricultural products (crops, livestock, forestry products, hydroponics, nursery, and aquaculture) whereby 50 percent + or greater of their gross income is derived from the operations. Image

What will be funded?

1.) Renewable Energy Projects—-biomass, bio-energy, geothermal, hydrogen, solar, wind, etc.

2.) Energy Efficiency Improvements Projects—-any energy savings measures (e.g. replacement of inefficient equipment, retrofitting, insulation or any recommended improvement identified in the energy assessment or energy audit).

Energy curtains, efficient unit heaters, fan and motor upgrades and cooling system upgrades.

Who to contact? http://www.rurdev.usda.gov/BCP_Energy_CoordinatorList.html


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