About
The Rural Energy for America Program is a program that incentivizes grants to producers within the agricultural and rural small businesses to invest and develop renewable energy systems.
This program aims at promoting a more efficient and sustainable operations targeted at farmers and ranchers that run small businesses.
The program offers two types of assistance:
- Incentives and loans to eligible applicants for energy efficiency improvements and purchase of renewable energy systems (i.e. solar panels);
- Incentives to service providers that work with farmers and small rural businesses for renewable energy planning and development.
Eligibility
To be eligible for this program applicants must:
- Have at least 50% of their gross income derived from agricultural operations;
- Be a small business in an eligible rural area
Eligible rural areas are considered:
- An area outside of a city or town with a population of less than 50,000;
- Agricultural producers can be from a rural or non- rural area;
- Eligible business addresses can be checked here.
Available funding:
- Loans up to 75% of the total cost of the eligible project;
- Grants up to 25% of the total cost of the eligible project;
- Combination of loan and grant of up to 75% od the total cost incurred by the eligible project.
To find out whether your business is eligible contact us here.
