Help to Improve Energy Efficiency in U.S. Rural Businesses

U.S. Agriculture Secretary Tom Vilsack announced funding for 631 projects across the nation to help agricultural producers and rural small businesses reduce their energy consumption and costs.

Grant and loan funding is made available through the U.S. Department of Agriculture's (USDA) Rural Energy for America Program (REAP), which is authorized by the 2008 Farm Bill.

USDA is making investments of more than $21 million in energy projects nationwide. Despite budget uncertainties, USDA remains focused on strengthening the rural economy.

"As part of the Obama Administration's 'all-of-the-above' energy strategy, USDA continues to work with America's farmers, ranchers and rural businesses to help them save energy and improve their bottom line," Vilsack said. "This program and others like it would not be available without a Food, Farm and Jobs Bill, and again I urge members of Congress to pass a bill when they return to Washington next month."

REAP helps producers reduce energy costs and increase production efficiency. Farmers, ranchers, business owners and agriculture producers in 42 states, the U.S. Virgin Islands and the Commonwealth of Puerto Rico will also receive funding.

Under the terms of REAP, up to 25 percent of an eligible energy production or conservation project can be funded through a grant, and additional support can be provided in the form of a loan. Since the start of the Obama Administration, REAP has helped fund nearly 7,000 renewable energy and energy efficiency projects nationwide.

REAP offers financial assistance to farmers, ranchers and rural small businesses to purchase and install renewable energy systems and make energy efficiency improvements. These federal funds leverage other private funding sources for businesses. REAP also helps the conservation of natural resources and the development of new forms of energy that reduces America's dependence on fossil fuels and creates a stronger rural economy.

Picture wheat Harvest Idaho see page for author [Public domain], via Wikimedia Commons

Tuesday 20th August 2013


Add New Comment:

Comments

To Comment you must be a member of The ESA, please login or register to join

There are currently no comments, be the first to comment above.