Archives

August 14, 2015

USDA Invests In Rural Energy For America Program

On August 7, 2015, USDA Secretary Tom Vilsack announced $63 million in loans and grants to be distributed through its Rural Energy for American Program (REAP). The $63 million is divided among 264 renewable energy and energy efficiency projects throughout the nation, in primarily rural communities. In addition to creating jobs and improving local economies, the newly announced REAP projects are expected to either save or generate 207.8 million kilowatt hours (KWh) of energy. REAP...
January 8, 2015

USDA Revises Renewable Energy Loan Guarantees

On December 29, 2014, the U.S. Department of Agriculture (USDA) published the final rule for the Rural Energy for America Program (REAP). REAP is intended to help mainly businesses, as well as some state, local, and tribal governments develop solar, wind, and biomass projects. This new rule will change the requirements for those applying for funding from the grant and loan guarantees for renewable energy and energy efficiency improvements in rural areas. There is now...