Renewable Energy: Making it Work for Rural America
Rural Energy for America Program - Renewable Energy System and Energy Efficiency Improvement Guaranteed Loan and Grant Program
The Rural Energy for America Program (REAP) provides financial assistance to agricultural producers and rural small businesses in rural America to purchase, install, and construct renewable energy systems; make energy efficiency improvements to non-residential buildings and facilities; use renewable technologies that reduce energy consumption; and participate in energy audits, renewable energy development assistance, and feasibility studies.
REAP creates opportunities for economic development for rural businesses by supporting renewable energy and energy efficiency projects, via loan guarantees and grants. The program provides assistance to qualified applicants to finance renewable energy (renewable biomass, anaerobic digesters, geothermal for electric generation, geothermal for direct use, hydroelectric (30 megawatts or less), hydrogen, small and large wind, small and large solar and ocean (including tidal, wave, current, and thermal) and energy efficiency projects. It expands the existing private credit structure by providing a credit enhancement via a loan guarantee.
The REAP Renewable Energy System Grant and Loan Guarantee provides financial assistance to agriculture producers and rural small business for the specific purpose of purchasing, installing and constructing renewable energy systems. This type of assistance may require that a business level feasibility study be completed by an independent qualified consultant as part of the application.
Below are some helpful links that outline the program requirements and offer information about how to apply for the program.
Eligibility Requirements
Technology Requirements
Financing Information
Using Wind Energy to Pump Water
You can save money and help reduce air pollution by using wind power — for your home, for drip irrigation or for livestock water wells. Wind energy can be excellent options in remote areas where the costs of extending transmission lines are high. Extending transmission lines over 1/4 mile usually costs $5 per foot. At that rate, a 1-mile transmission line extension will cost more than $25,000. Renewable energy sources are also a good option when only a small amount of water needs to be pumped. Generally, very little water is required for livestock and home use.
Wind Turbine-Powered Pumps
A relatively new type of pump system, this method uses the electricity generated by a small wind turbine to directly power a submersible or centrifugal pump. While costing about the same as mechanical systems, the USDA found that the wind turbine systems produced almost twice the volume of water. Larger wind turbines can pump enough water for small-scale irrigation. Solster Wind Power has the solutions for your water pump needs that will save you money and help the environment!
Call or contact us today for ALL of your Rural Renewable Energy needs!