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Eligible: Agriculture, Businesses, Tribes, Utilities

Apply by Mar 31, 2025

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Closed

$1,500 - $1,000,000

Rural Energy for America Program (REAP) Renewable Energy Systems & Energy Efficiency Improvement Loans & Grants

From US Department of Agriculture (USDA)

The program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements. Agricultural producers may also apply for new energy efficient equipment and new system loans for agricultural production and processing. Grant competition deadlines are September 30, 2024, December 31, 2024, and March 31, 2025. Only complete applications can compete for funding.

  • Overview

    • Type

      Other

    • Title

      Rural Energy for America Program (REAP) Renewable Energy Systems & Energy Efficiency Improvement Loans & Grants

    • Source

      US Department of Agriculture (USDA)

    • Federal or State

      Federal

    • Total Amount

      $1,055,000,000

    • Award Range

      $1,500 - $1,000,000

    • Cost Share

      Yes

  • Eligibility

    • Audience

      Agriculture, Businesses, Tribes, Utilities

    • Sector

      Energy Efficiency, Renewable Energy

    • Activity

      Equipment Purchase/Lease, Project Finance

    • Eligibility

      Agricultural producers with 50% of gross income from agricultural operations. Small businesses, cooperatives, electric utilities, tribal corporations located in eligible rural areas.

    • Location

      National

  • Application Process

    • Application Link

      rd.usda.gov

    • Requirements

      Small businesses must meet the Small Business Administration size standards. Agricultural producers and small businesses must have no outstanding delinquent federal taxes, debt, judgement, or debarment. Applicants must provide matching funds if applying for a grant only and must provide at least 25% of the project cost if applying for a loan. Projects must have technical merit and utilize commercially available technology. Energy efficiency projects require an energy audit or assessment. All projects require environmental review prior to award or construction.

    • Disbursement Method

      Other

    • Disbursement Notes

      Loan guarantees up to 75%; grants up to 50% of project cost

  • Important Dates

    • Application Open Date

      Jul 1, 2024

    • Application Close Date

      Mar 31, 2025

  • Resources & Contacts

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