Rural Energy for America Program (REAP) - Guaranteed Loan Applications Only
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The Rural Energy for America Program, administered directly by the federal government through the Department of Agriculture, provides loan guarantees to small businesses in rural areas and agricultural producers. These funds are designed to support the purchase and deployment of renewable energy systems and the implementation of energy efficiency improvements. Eligible renewable projects include solar, wind, biomass, geothermal, hydrogen, hydropower under 30 MW, and ocean generation. Energy efficiency funding covers the installation of high-efficiency HVAC systems, insulation, lighting, refrigeration, and the replacement of outdated equipment, including specific upgrades for agricultural production and processing. This active program operates on a rolling deadline, meaning applications are accepted on an ongoing basis. The financial instrument utilized is a loan guarantee focused on enhancing resilience within the energy, food, and agriculture sectors of rural communities. Interested parties can apply through the official Department of Agriculture channels to secure funding for sustainable infrastructure and operational efficiency.
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Eligible uses: Funds may be used for renewable energy systems, such as biomass (e.g., biodiesel and ethanol, anaerobic digesters, solid fuels); geothermal for electric generation or direct use; hydropower below 30 MW; hydrogen; small and large wind generation; small and large solar generation; ccean (tidal, current, thermal) generation. Funds also may be used for the purchase, installation and construction of energy efficiency improvements, such as high efficiency heating, ventilation and air conditioning systems (HVAC); insulation; lighting; cooling or refrigeration units; doors and windows; electric, solar or gravity pumps for sprinkler pivots; switching from a diesel to electric irrigation motor; replacement of energy-inefficient equipment. Agricultural producers may use guaranteed loan funds to install energy efficient equipment and systems for agricultural production or processing.
Program administrator: Direct federal
Program status: Active: Accepting applications
Financial instrument: Loan
Topics: Energy, Food/Agriculture, Rural Area or Communities, Resilience
Rolling deadline: applications are accepted on an ongoing basis.
Notice of funding opportunity: https://www.rd.usda.gov/programs-services/energy-programs/rural-energy-america-program-renewable-energy-systems-energy-efficiency-improvement-guaranteed-loans
Additional information: https://www.rd.usda.gov/programs-services/energy-programs/rural-energy-america-program-renewable-energy-systems-energy-efficiency-improvement-guaranteed-loans
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