The United States Department of Agriculture (USDA) takes applications for their Rural Energy for America Program (REAP), which gives businesses federal loans and grants for the development and construction of renewable energy systems and energy efficiency improvement projects.
The USDA will implement these grants throughout the fiscal year 2011 in three areas:
- Renewable energy system and energy efficiency improvement grants and guaranteed loans.
- Energy audit and renewable energy development assistance grants.
Renewable energy feasibility study grants.
Project funding requests must not exceed 25 percent of the eligible project costs for grant requests and must not exceed 75 percent for combinations of grants and loans. All grant funding applications require that the applicant demonstrate financial need and all eligible projects must be for the purchase of a renewable energy system or to make energy efficiency improvements.
For more information about eligibility and applications, contact the USDA New Jersey office at (856) 787-7752 or apply online at http://grants.gov.