See the funding notice for details. This program has been in existence since the 2002 Farm Bill - it was originally Section 9006 Renewable Energy Systems and Energy Efficiency Improvements Program. What Fee is Charged for a Guaranteed Loan? Release of the mandatory funding for FY2014 was delayed and has been combined with FY2015 mandatory, plus discretionary funding, for a total of $101.35 million. With the passing of the 2008 Farm Bill last year, this provision is now replaced by Section 9007 Rural Energy for America Program (REAP). (Deadline now passed for 2015). An official website of the United States government. Alan and his team cannot he faulted. There are two deadlines remaining for 2015. Examples include dairy pumps and cooling systems, weatherization of poultry houses, efficient lighting and ventilation, irrigation equipment, industrial motors and supermarket refrigeration systems. Do I Have to Perform an Environmental Review? The grant can only be used for identifiable energy efficiency improvements such as lighting, heating, refrigeration, motorized equipment or insulation. For Energy Audits and Renewable Energy Development Assistance, the legislative limit is 4% of mandatory funding, which is $4 million for FY2014 and FY2015. Total possible points are now 100. The USDA charges guaranteed loan origination and annual fees, paid by the borrower, to offset the upfront and ongoing costs of monitoring compliance with the terms of the guarantee. This section is complex and applicants should review the rule for further details. A lock ( LockA locked padlock ) or https:// means you’ve safely connected to the .gov website. Because the grants are funded with federal money, all projects are subject to environmental impact assessments. Grant applications can be submitted electronically through grants.gov. The https:// means all transmitted data is encrypted — in other words, any information or browsing history that you provide is transmitted securely. This site is also protected by an SSL (Secure Sockets Layer) certificate that’s been signed by the U.S. government. You can find the 2015 funding notice here . Rural Energy for America Program (REAP) Background. The .gov means it’s official. An official website of the United States government. The Department of Energy (DOE) has one of the richest and most diverse histories in the federal government. Paying close attention to the point scoring rules is critical for competing for grant funds. A guaranteed loan can cover up to 75% of eligible project costs and up to 85% of the loan amount for loans under $600,000, declining to 60% for loans from $10-25 million. A .gov website belongs to an official government organization in the United States. It provides grants and loan guarantees to agricultural producers and rural small businesses to help purchase renewable energy systems, make energy efficiency improvements and perform renewable energy feasibility studies. All applications must be submitted by June 30 to compete in 2015 (regardless of size). For energy efficiency projects, the minimum grant amount is $1,500 and the maximum grant amount is $250,000. Energy efficiency grants cannot be used for costs to expand facilities. RESP builds upon the work that USDA Rural Development has done to help improve the energy efficiency of single- and multi-family housing, businesses, farms and utilities. Comfort – Receive superior indoor air quality with air tightness … E-mail the letter of intent to RESP@wdc.usda.gov. Energy Efficiency: Any projects that save energy (electricity, propane or natural gas, or diesel fuel) are eligible. Rural Energy for America Program (REAP) Background. Although only in existence since 1977, the Department traces its lineage to the Manhattan Project effort to develop the atomic bomb during World War II and to the various energy-related programs that previously had been dispersed throughout various federal agencies. A Notice of Funding Availability (NOFA) for grants and loan guarantees for the 2015 program is expected soon. "Investments like the ones we will make through the Rural Energy Savings Program not only reduce energy costs for consumers, but also build a cleaner and more sustainable energy future," Vilsack said. Projects that save fuel used in mobile sources (tractors, trucks) are not eligible. RESP borrowers finance loans at zero percent interest for up to 20 years, making the program an attractive and affordable option to finance energy-saving measures. USDA Announces New Assistance to Help Rural Utility Customers Conserve Energy, Lower Bills, StrikeForce for Rural Growth and Opportunity. Mission and Vision. Be sure to advise your state USDA office early of your intent and allow sufficient time for them to conduct this environmental assessment in the application process. To be eligible, you must be actively involved in the business and the proposed project. No person or entity can receive more than $750,000 from multiple projects in any one year. USDA is an equal opportunity provider, employer and lender. Kind Regards, Energy Saving Grants Dan Robins 1 review. Official websites use .gov No part of a renewable energy project can be applied for residential use. RESP is open to a broader pool of eligible borrowers, has a zero percent interest rate, and has a longer loan term than EECLP. Updated for 2014 and 2015. To determine whether a potential project is in a rural area, use the. Federal government websites always use a .gov or .mil domain. Share sensitive information only on official, secure websites. Grants cannot fund research and development activities. It also funds an energy audit and technical assistance program to serve ag producers and rural small businesses. With the new final rule issued in December 2014, it is no longer required to show a “demonstrated financial need” for grant funding. The second tier is for total project cost between $80,000 and $200,000 and the third tier is for total project cost over $200,000. Can I Submit my Application Electronically? Before sharing sensitive information online, make sure you’re on a .gov or .mil site by inspecting your browser’s address (or “location”) bar.
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