USDA Has More Than $400 Million Still Available for Renewable Energy System and Energy Efficiency Loan Guarantees

USDA News Release

Acting Assistant to the Secretary for Rural Development Joel Baxley encourages farmers, rural small businesses and agricultural producers to apply for financing in a key U.S. Department of Agriculture (USDA) program that provides grants and loan guarantees to help lower their energy costs. Read more here.

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Federal Investment Tax Credit for solar systems and small wind turbines: 30% through December 31, 2019. Small wind: 100 kilowatts or less. Source: Database of State Incentives for Renewables & Efficiency (DSIRE)

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LES Solar Incentive
Additionally, LES customers may qualify for a one-time capacity payment of up to $1,000 per kilowatt of peak demand reduced. The total amount customers can receive is determined by the system size and primary direction the system is facing, for example:

  • Southern facing fixed-photovoltaic solar – the unit’s nameplate DC capacity (kW) x $375.
  • Western facing or single or dual axis tracking fixed-photovoltaic solar – the unit’s nameplate DC capacity (kW) x $475.

    Source: 
    Customer-owned Renewable Generation

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