Rural investment in solar power generation equipment

What is the rural energy for America Program (REAP)?

With the passage of the Inflation Reduction Act, the Rural Energy for America Program (REAP) has been provided over $2 billion for renewable energy systems and energy efficiency improvement grants for agricultural producers and rural small business owners through 2031.

How much is the rural energy for America program worth?

The U.S. Rural Energy for America Program (REAP) has quadrupled to more than $2 billion as part of the Inflation Reduction Act.

What is the empowering rural America program?

The Empowering Rural America program will make $9.7 billion available for rural electric cooperatives to create renewable energy, zero-emission and carbon capture systems. Jim Matheson, CEO of the National Rural Electric Cooperative Association, praised the administration for the investment.

What is the USDA Rural Energy pilot program?

These funds will be targeted to help people who live in communities that have been historically underinvested and disinvested. USDA is making the funds available through the new Rural Energy Pilot Program to help the people of rural America build back better, stronger and more equitably than ever before.

Why is rural electrification important?

Largest investment in rural electrification since 1936. loan forgiveness programs to expand clean, affordable, and reliable energy. Reduced pollution, improved health, and lower energy costs for rural America. Once in a generation opportunity for economic development and to enhance the quality of life in rural communities.

What are large-scale solar energy installations?

Large-scale solar energy installations are a relatively new form of development in many rural areas. Solar energy development can create clean energy, jobs, and other economic benefits in these communities.