USDA Builds Rural Energy with Loans & Grants

John Davis

usda-logoThe U.S. Department of Agriculture is helping build renewable energy in rural areas. Agriculture Secretary Tom Vilsack announced $63 million in loans and grants for 264 renewable energy and energy efficiency projects nationwide that USDA is supporting through its Rural Energy for America Program (REAP).

“This funding will have far-reaching economic and environmental impacts nationwide, particularly in rural communities,” Vilsack said. “Investing in renewable energy and energy efficiency projects supports home-grown energy sources, creates jobs, reduces greenhouse gas pollution and helps usher in a more secure energy future for the nation.”

These REAP projects are expected to generate and/or save 207.8 million kilowatt hours (KWh) of energy – enough to power more than 13,600 homes for a year.

The next application deadline for REAP grants is November 2, 2015.

Agribusiness, USDA