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Could 2023 be your best year yet for building your business? You could be missing out on money available for renewable energy projects through the Rural Energy for America Program! Updated federal policy means as much as 50% of your eligible project might qualify for the REAP grant!
Join Solar Alliance for a FREE workshop on the ins and outs of applying for the USDA REAP grant. Ask questions of USDA Area Specialist - Business Programs, Krisalaun Battle. Plus, hear case studies about other small businesses that built Solar Alliance projects with grant assistance. We'll review the grant qualification and application process as well as show examples of the benefits.
“Great workshop! Thank you!” said one of several East Tennessee attendees at the two fall workshops where Vice President Harvey Abouelata of Solar Alliance presented information about the grant application and qualification process as it relates to energy conservation and renewable energy projects like solar.
Free Energy Grant Workshop
Tuesday, January 10
11:30 am (lunch provided)
63 East Main Street, Chattanooga TN
Analysis of federal policy indicates that some USDA grants can eventually be awarded much higher than the previous 25%, perhaps in some cases, up to 50%. Adding a grant onto the tax credits and accelerated depreciation, a solar installation could easily have a payback of less than year. The workshops are at no cost, and Solar Alliance has many references we would be happy to share.
The USDA REAP provides grant funding and guaranteed loan financing for agriculture producers and small businesses in rural areas. These are areas with populations of 50,000 or less. Agricultural producers also qualify in non-rural areas, but must earn at least half their gross income from farming operations.
“We’re excited to see more small businesses applying for their fair share of this program that supports energy upgrades in rural communities,” said Abouelata. Solar Alliance is available for in-person or virtual workshops on a number of topics from grants and other incentives to what’s new in solar applications to EV charging stations.
Here is the direct link to the USDA map to check that you are in an eligible area. If you are an agricultural producer, your location is not dependent on this. However, all other small businesses are. Here is the fact sheet direct from the USDA that lists eligible types of projects.