USDA Has More Than $400 Million Still Available for Renewable Energy System and Energy Efficiency Loan Guarantees

Acting Assistant to the Secretary for Rural Development Joel Baxley encouraged farmers, rural businesses and agricultural producers to apply for financing in a key U.S. Department of Agriculture (USD) program that provides loan guarantees to help rural small businesses lower their energy costs.

“Under the leadership of President Trump and Agriculture Secretary Perdue, USDA is committed to increasing economic development in rural communities across the country through strong partnerships with rural businesses,” Baxley said.  “USDA’s Rural Energy for America Program (REAP) is an important tool to help strengthen and grow the rural economy,” he added.

USDA accepts applications for REAP funding year-round.  Potential applicants should contact their state USDA Rural Development office for additional information.