Answer: REAP funding is available for renewable energy systems (RES) such as solar, wind, biomass, hydropower, and geothermal, as well as energy efficiency improvements (EEI) like lighting upgrades, HVAC systems, and insulation.
USDA Rural Energy for America Program. Energy Efficiency and Renewable Energy Grants and Loan Guarantees for Small Businesses and Agricultural Producers.
Answer: Yes, you can apply for both types of projects, but separate applications are required for each. The second application typically scores lower in the competition.
Answer: The 50% grant is limited to projects that produce zero greenhouse gas emissions, are located in Designated Energy Communities, or are energy efficiency improvements. All other projects are eligible for the 25% grant.
Answer: A REAP grant provides direct funding for a portion of your project costs, while a loan guarantee secures a loan provided by a financial institution, covering up to 80% of the loan.
Answer: Eligibility is limited to small businesses located in rural areas and agricultural producers. You can determine eligibility by checking your NACIS code and location using the USDA’s rural area map tool.
Answer: You can use the USDA Rural Area Map Tool to verify if your business is located in an area with a population of 50,000 people or less, which qualifies as rural.
More than help - We project manage your entire application process! We give you access to a custom, private online client portal that guides you through as we work together to meet all the requirements. There is NO extra charge for this assistance!
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