Submitted by: Eric Romich, OSU Extension Field Specialist, Energy Education
USDA Rural Development has available the Rural Energy for America Program (REAP) to help farmers and rural, small, for-profit businesses install renewable energy systems or make energy efficiency improvements. The Inflation Reduction Act (IRA) of 2022 provided the program over $250,000,000 for REAP grants. Renewable energy projects may be eligible for up to $1,000,000or 40% of eligible project costs, whichever is less. Energy Efficiency Improvement projects may be eligible for up to $500,000 or 40% of eligible project cost, whichever is less. Submission of a REAP application is strongly encouraged due to the increased availability of funds. Applications for this program must be received by March 31, 2023. The program cannot be used for residential improvements.
Please contact Randy Monhemius at randy.monhemius@usda.gov should you have questions.
Additional Resources
- Pogram Website is available at: Rural Energy for America Program Renewable Energy Systems & Energy Efficiency Improvement Guaranteed Loans & Grants | Rural Development (usda.gov)
- Program Fact Sheet is available at: https://www.rd.usda.gov/sites/default/files/fact-sheet/508_RD_FS_RBS_REAP_RE.pdf