Monday, February 22, 2016

Grants available for renewable energy




Grants are available for agricultural producers and some rural businesses to purchase, install and construct energy efficient improvements.

The U.S. Department of Agriculture is offering grants to add renewable energy systems to business operations. Funding is available in three forms: grants of up to $20,000, grants of up to $500,000 and loan guarantees.

Examples of eligible projects include biomass, geothermal, Hydro Power below 30 megawatts, small and large wind generation, and small and large solar generation. Funds can also be used for projects including cooling or refrigeration units, doors and windows, electric, solar or gravity pumps for sprinkler pivots and replacing energy-inefficient equipment.

The program aims to increase American energy independence by increasing the private sector's supply of renewable energy and decreasing the demand for energy through energy efficiency improvements, according to the USDA.

Grant applications are due May 2, and loan guarantee applications can be completed throughout the year. For more information about the program and business eligibility, visit the USDA's webpage on the Rural Energy for America Program: Renewable Energy Systems & Energy Efficiency Improvement Loans & Grants.





Original Post: Sari Lesk

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