[fullwidth background_color=”” background_image=”” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_url=”” video_aspect_ratio=”16:9″ video_webm=”” video_mp4=”” video_ogv=”” video_preview_image=”” overlay_color=”” overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”0px” border_color=”” border_style=”” padding_top=”20″ padding_bottom=”20″ padding_left=”0″ padding_right=”0″ hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” menu_anchor=”” class=”” id=””][title size=”1″ content_align=”left” style_type=”underline solid” sep_color=”#000000″ margin_top=”” margin_bottom=”” class=”” id=””]USDA announces loans and grants to help rural small businesses and agricultural producers reduce energy usage and costs in their operations[/title][fusion_text]Monday, October 26th 2015
Agriculture Secretary Tom Vilsack today announced that USDA is awarding loans and grants that will help more than 1,100 rural small businesses and agricultural producers reduce energy usage and costs in their operations. The funding is for energy efficiency improvements and/or renewable energy systems. USDA is financing projects in every state, as well as in the Virgin Islands, the Western Pacific and the Commonwealth of Puerto Rico. USDA is providing $102 million in loan guarantees and $71 million in grants for 1,114 projects financed through the Rural Energy for America Program (REAP). Among the projects, nearly $6 million is being awarded for 17 anaerobic digesters in California, Maine, Massachusetts, Michigan, New York, North Carolina, Ohio and Washington. In total, these projects are expected to generate and/or save 906 million kilowatt hours (KWh) of energy – enough to power more than 83,675 homes for a year and cut carbon pollution by an estimated 455,000 metric tons. That is the equivalent of taking more than 131,500 cars off the road for a year. Congress created the REAP program in the 2002 Farm Bill. Because of the success of the program, Congress reauthorized it in the 2014 Farm Bill with guaranteed funding of at least $50 million annually for the duration of the five-year bill. The 2014 Farm Bill builds on historic economic gains in rural America over the past seven years while achieving meaningful reform and billions of dollars in savings for taxpayers.
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