New Commercial Solar Tax Credit Law: What Businesses Need to Know
New “Big Beautiful Bill” changes the federal commercial solar tax credit. Find out how your MO or IL business can secure the credit before it’s gone!
The USDA REAP grant program provides grant funding for for-profit entities of up to 50% of project cost or loan guarantees up to 75% of the project cost. REAP includes renewable energy systems from solar. REAP is run by the US Department of Agriculture through their state offices. Grants are awarded on a competitive basis, for differing amounts of the total system price, up to a maximum of 50%.
To determine whether your farm or small business is qualified to apply for REAP, it must fall within one of these two categories:
Find out if your business or farm is located in an eligible area – then click on the first “click Here for the following programs” at the top of the page.
Find out whether you qualify as a small business and check with your State’s federal REAP contact (see below).
REAP grants are considered taxable income by the IRS and recipient will receive a Form 1099.
We will facilitate the grant application process to ensure the best possible competitive position for receiving USDA REAP funding. Start your custom quote today.
The USDA’s official website is the best place to find out state-specific details, requirements, and how to apply. The site looks dense, but it’s actually a nice easy overview.
FarmEnergy.Org does a good job explaining REAP grant frequently asked questions. Click the link below, then navigate to “How Will USDA Evaluate My Proposal?”
Callie Heidbreder, USDA Rural Development
2118 West Park Court, Suite A Champaign, IL 61821
Tel: (217) 403-6217
callie.heidbreder@il.usda.gov
Nathan Tutt, USDA Rural Development
601 Business Loop
70 West Parkade Center, Suite 235
Columbia, MO 65203
Tel: (573) 876-9321
New “Big Beautiful Bill” changes the federal commercial solar tax credit. Find out how your MO or IL business can secure the credit before it’s gone!
In July 2025, the One Big Beautiful Bill (OBBB) accelerated the winddown of solar energy income tax credits (ITC). Discover how your business can safe harbor your solar project for maximum savings.
O’Fallon homeowner, Mark Sauer, went solar in 2023 with a 16.8 kW rooftop system. Since then, he has offset nearly all of his electricity use,