The USDA recently announced a request for grant and guaranteed loan applications from agricultural producers and rural small businesses for Renewable Energy Systems and Energy Efficiency Improvements. The Rural Energy for America Program Grants/Renewable Energy Systems/Energy Efficiency Improvement Program (REAP/RES/EEI) is accepting applications through July 31, 2009.
The REAP/RES/EEI Grants Program will provide grants for energy audits and renewable energy development assistance. It also provides funds to agricultural producers and rural small businesses to purchase and install renewable energy systems and make energy efficiency improvements.
The energy efficiency improvement projects are eligible for up to 25% of eligible project costs but will not exceed $250,000. Most rural projects that reduce energy use and result in savings for the agricultural producer or small business are eligible as energy efficiency projects. These include projects such as retrofitting lighting or insulation, or purchasing or replacing equipment with more efficient units (variable speed drives, vacuum pumps, ventilation fans, etc).
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