Several months ago, Vice President Biden said: “I’m pleased to report that the administration is laying the foundation for a clean energy economy that will create a new generation of jobs, reduce dependence on oil and enhance national security.” If you want proof, check out USDA’s Rural Energy for America Program (REAP). USDA Rural Development awards grants through this Farm Bill program on a competitive basis and they can be up to 25 percent of total eligible project costs. Grants are limited to $500,000 for renewable energy systems and $250,000 for energy efficiency improvements. The program also provides loan guarantees.
