USDA Rural Energy for America Program (REAP)
The USDA REAP program provides a stimulus to rural & agricultural communities by awarding grants and providing guaranteed loans to eligible rural small businesses and agricultural producers for qualifying energy efficiency & renewable energy installations. The funding is provided by the Farm Bill through 2019, and provides grant funding of up to 25% of project cost or guaranteed loans of up to 75% of the project cost.
In order to determine whether or not your farm or business will be eligible for REAP, first consider whether or not your operation qualifies in either of these two categories:
– Agricultural producers who are directly involved in the production of said agricultural products; with at least 50% of their gross income coming from agricultural operations
– Small businesses, qualified within the SBA size standards table which are located in eligible rural areas. Eligible rural areas for this program are defined within this USDA REAP Program eligibility map.
note: Agricultural producers may be located within non-rural boundaries according to the REAP map.
If you find that your business meets either of these criteria, then call us at (844) 97-SOLAR or send us a message to learn more about the REAP program for solar energy.