USDA awards REAP funding

By Erin Voegele | July 11, 2016

The USDA has awarded funding under the Rural Energy for America Program to 821 projects supporting energy efficiency improvements and the installation of renewable energy systems, including $43.2 million in loan guarantees and $11.6 million in grants. Approximately five of the awards support bioenergy projects.

"Since 2009, the Rural Energy for America Program has helped roughly 15,000 small businesses and farms save enough energy to power about 730,000 homes and reduce greenhouse gas emissions by more than five million metric tons annually," said Agriculture Secretary Tom Vilsack. "These investments in clean energy are good for the environment, are good for each business's bottom line and they support the broader rural economy by encouraging the production of renewable energy sources."

Bioenergy awards made through this round of funding include:

$19,987 grant: Alabama-based Jamie E. Bradshaw was awarded a $19.987 grant to purchase and install a biomass renewable energy system

$13,895 grant: Minnesota-based Victor Legatt was awarded a $13,895 grant to purchase and install a biomass renewable energy system

$3.9 million loan guarantee: Missouri-based Lakeview Biodiesel LLC was awarded a $3.9 million loan guarantee to purchase a biodiesel production facility

$20,000 grant: New York-based Old Forge Hardware & Furniture Co. was awarded a $20,000 grant to purchase and install a biomass renewable energy system

$4,250 grant: Wyoming-based Sageridge LLC was awarded a $4,250 grant to purchase and install a biomass renewable energy system.   

From 2009 to date, REAP has helped finance more than 11,000 renewable energy and energy efficiency projects that have reduced energy costs for roughly 15,000 rural businesses. During this period, USDA has provided more than $373 million in grants and almost $481 million in loan guarantees to agricultural producers and rural small business owners. When operational, these projects will generate or save almost 9 million MWh—enough to power more than 730,000 homes and reduce greenhouse gas emissions by more 5 million metric tons in carbon dioxide each year. That is the equivalent of removing more than 1.1 million cars from our roads.

A full list projects awarded REAP awards during this round of funding can be downloaded from the USDA website.