Rural Energy for America Program (REAP): Underutilized Renewable Energy Technologies

Agency: Department of Agriculture-Rural Business-Cooperative Service

 

Description:

To provide guaranteed loan financing and grant funding to agricultural producers and rural small businesses for underutilized renewable energy technologies.

Bill Section:

22002(b)

US Code:

7 USC 8107

New or Existing:

Existing

Potential Cost:     

$303,817,500

Timeline:     

FY22-31

Implementation Status/Rulemaking:   

Up to $144,752,000 set-aside for underutilized technology in the March 2023 REAP announcement. Source

Other TCS Resources:

Inflation Reduction Act: Comments to USDA on Bioenergy Spending

Rural Energy for America Program (REAP) Fact Sheet