Biden-Harris Administration Announces Availability of $1 Billion to Help Farmers, Ranchers and Rural Businesses Invest in Renewable Energy Systems and Energy-Efficiency Improvements

USDA Rural Development sent this bulletin at 03/31/2023 11:41 AM EDT

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US Department of Agriculture Rural Development - Together America Prospers

NEWS RELEASE

Biden-Harris Administration Announces Availability of $1 Billion to Help Farmers, Ranchers and Rural Businesses Invest in Renewable Energy Systems and Energy-Efficiency Improvements

President Biden’s Inflation Reduction Act Lowers Energy Costs, Builds America’s Clean-Energy Economy in Rural America

WASHINGTON, March 31, 2023 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced that USDA is accepting applications starting on April 1 for $1 billion in grants to help agricultural producers and rural small businesses invest in renewable energy systems and make energy-efficiency improvements. USDA is making the $1 billion in grants available under the Rural Energy for America Program (REAP), with funding from President Biden’s landmark Inflation Reduction Act, the nation’s largest-ever investment in combatting the climate crisis.

“Supporting renewable energy and energy-saving systems helps the people of rural America create thriving, livable communities,” Vilsack said. “When we invest in rural communities, we are supporting hard work that sends a ripple effect across our country. Clean energy is critical to the future of our economy, and the Inflation Reduction Act provides the Biden-Harris Administration with the resources to build a more prosperous rural America while tackling the climate crisis and lowering energy costs.”

To learn more, read the full news release.

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