Country:United States
Year:2008
Policy status:In Force
Jurisdiction:National
Date Effective:2008
Policy Type:Economic Instruments>Fiscal/financial incentives>Loans, Economic Instruments>Fiscal/financial incentives>Grants and subsidies, Economic Instruments
Policy Target:Energy Sector>Energy Efficiency / Demand Reduction, Commercial services/Tertiary, Industry, Small and Medium sized Enterprises (SMEs)
Agency:US Department of Agriculture
URL:http://www.rd.usda.gov/programs-services/rural-energy-america-program-renewable-energy-systems-energy-efficiency
Legal References:7 USC 8107 - Rural Energy for America Program
Funding:FY09 USD 60 million total for grants and loans; FY13 USD 26 million total for grants and loans;
Description:

The REAP program provides assistance to agricultural producers and rural small businesses to complete a variety of projects. Offering both loan guarantees and grants, the REAP program helps eligible applicants install renewable energy systems such as solar panels or anaerobic digesters, make energy efficiency improvements such as installing irrigation pumps or replacing ventilation systems, and conduct energy audits and feasibility studies.

The REAP program is comprised of three components:

  • The Renewable Energy System and Energy Efficiency Improvement Guaranteed Loan and Grant Program,
  • The Energy Audit and Renewable Energy Development Assistance Grant Program, and
  • The Feasibility Studies Grant Program.

Last modified: Fri, 27 Jan 2017 13:49:30 CET