USDA
Accepts Applications for Rural Energy for America Program
Informational webinar for applicants and
stakeholders on Wednesday, December 21, 2022
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[December 20, 2022]
U.S. Department of Agriculture (USDA)
Secretary Tom Vilsack announced that the department is making $300
million available under the Rural Energy for America Program (REAP)
to expand renewable energy and support energy-efficiency projects
for people living in rural America. This funding includes $250
million provided by the Biden-Harris Administration’s historic
legislative package known as the Inflation Reduction Act.
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USDA Rural Development is in a unique position to make
climate-smart investments in rural infrastructure. The Inflation
Reduction Act represents the largest ever federal investment in
clean energy for the future. This historic funding will
strengthen our energy security, create good-paying jobs, and
save Americans money on their energy costs.
USDA is seeking applications for Fiscal Year 2023 funding. Two
significant changes to this additional funding include an
increase in the maximum Federal grant share from 25% to 40% of
total project cost and an increase of maximum grant amounts from
$250,000 to $500,000 for energy efficiency projects and an
increase from $500,000 to $1,000,000 for renewable energy
systems. Projects in underserved areas are prioritized for
funding under this notice.
USDA will host an informational webinar for applicants and
stakeholders on Wednesday, December 21, 2022, from 3:00 - 4:30pm
Eastern Time. To register, visit:
https://www.zoomgov.com/
webinar/register/WN_BSQ3b8K6Sz-sbpdJluEtfw.
Agricultural producers and rural small businesses are eligible
applicants for loan guarantees and grants to develop renewable
energy systems and to make energy efficiency improvements. State
and local governments, federally-recognized tribes, land-grant
colleges or universities or other institutions of higher
education, rural electric cooperatives, public power entities,
and Resource Conservation & Development Councils (as defined in
16 USC §3451) are eligible applicants for grants to conduct
energy audits and provide development assistance.
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Interested applicants are encouraged to contact their
local USDA Rural Development State Energy Coordinator well in
advance of the application deadlines to discuss their project and
ask any questions about the REAP program or the application process.
Additional information on the required materials and how to apply
for the REAP program are available on page 77059 of the Dec. 16,
2022,
Federal Register.
If you’d like to subscribe to USDA Rural Development updates, visit
our
GovDelivery subscriber page.
[Rural Development]
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