REAP – What is it? How does it work? Who qualifies?
REAP or the Rural Energy for America Program provides grant and loan funding for agricultural producers and rural small businesses so they can install/implement renewable energy and energy efficiency upgrades. Reap grants can cover up to 25% of the total project and when you couple that with the Federal tax credit of 26% that’s a lot of savings!
REAP is for farms where 50% or more of the gross income comes from their agricultural production and for rural small business in rural areas that qualify (link in flyer or talk with one of our consultants). SES works with grant writers that can assess your project and it’s likelihood of receiving the grant and assist in the grant writing. If you have a working farm or a small rural business, talk to us today. Download a REAP fact sheet here.