Spring Deadline for Rural Energy for America Program (REAP) Grants

When:
May 2, 2016 all-day
2016-05-02T00:00:00-05:00
2016-05-03T00:00:00-05:00

USDA

USDA Rural Development provides financial assistance in the form of grants and guaranteed loans to agricultural producers and rural small businesses to purchase renewable energy systems or make energy efficiency improvements through the Rural Energy for America Program (REAP). This program provides funds for the purchase and installation of renewable energy systems and to make energy-efficiency improvements.  The renewable energy projects range from installation of solar, geothermal, wind, and biomass; and energy efficiency improvements to irrigation systems, poultry houses, upgrading air conditioning, lighting and refrigeration systems.

This round of grant applications has designated funding for projects of any size with maximum grants limited to $500,000 for renewable energy projects and $250,000 for energy efficiency projects (25% of total eligible project costs).  Any eligible applications not funded during the October 31, 2015 funding cycle will be reconsidered.

All agricultural producers, including farmers and ranchers, who derive 50% or more of their gross income from agricultural operations are eligible. Businesses in a rural area, meeting the Small Business Administration size standards, may also apply. A private entity, a rural utility, and rural electric cooperatives are typically eligible; however, non-profit and public bodies are not eligible.

Please contact Jeff Carpenter, State Energy Coordinator at the Nebraska USDA Rural Development State Office, Suite 308, Federal Building – 100 Centennial Mall North, Lincoln, Nebraska 68508
Telephone: 402-437-5554 / Email: 
jeff.carpenter@ne.usda.gov.
Nebraska USDA Rural Development Website: http://www.rd.usda.gov/ne

To find the office that serves your county, visit: http://www.rd.usda.gov/programs-services/rural-energy-america-program-re… Click on “View All State Program Contacts.” You may also visit this same website for more general information on the program and details on how to apply for funding.

ADDITIONAL INCENTIVES

  • Federal Investment Tax Credit (ITC) of 30% for qualified installations
  • Accelerated depreciation for businesses
  • Self-Employment Tax Credit

Nebraska incentives, grants and loans for renewables and energy efficiency- 46 programs. (DSIRE)The Database of State Incentives for Renewables & Efficiency (DSIRE) is the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University and is funded by the U.S. Department of Energy.

USDA NEWS RELEASES ABOUT PREVIOUS NEBRASKA REAP GRANT AWARDS

USDA Rural Development Awards Funding to 23 Nebraska Recipients to Assist with Energy Needs – August 26, 2015

USDA Invests $63 Million to Support 264 Renewable Energy and Energy Efficiency Projects—15 Nebraska Energy Projects Funded at Nearly $159,000 – August 12, 2015  

USDA Rural Development Awards Funding to 15 Nebraska Recipients to Assist with Energy Needs – August 4, 2015

Funding supports Energy Audits in Rural Nebraska to assist agricultural producers and rural small businesses in evaluating the energy efficiency of their operations and considering alternative equipment, machinery and systems. – July 7, 2015  

USDA Rural Development Awards Funding to 15 Nebraska Recipients to Assist with Energy Needs – June 12, 2015