Factsheet: Renewable Energy Systems and Energy Efficiency Improvement Assistance

Renewable Energy Systems and Energy Efficiency Improvement Assistance

Key Information
Full name of Instrument & Measure (English): 
Rural Energy for America Program (REAP): The Renewable Energy Systems and Energy Efficiency Improvement Assistance
Description: 
The Rural Energy for America Program (REAP) is designed to help agricultural producers and rural small businesses reduce energy costs and consumption and help meet the Nation's critical energy needs. REAP has two types of funding assistance: Renewable Energy Systems and Energy Efficiency Improvements Assistance, and Energy Audit and Renewable Energy Development Assistance Grants. The Renewable Energy Systems and Energy Efficiency Improvement Assistance provides grants and guaranteed loans to agricultural producers and rural small businesses to purchase and install renewable energy systems and make energy efficiency improvements to their operations. Eligible renewable energy systems for REAP provide energy from: wind, solar, renewable biomass (including anaerobic digesters), small hydro-electric, ocean, geothermal, or hydrogen derived from these renewable resources.
Goal/Aim: 
Support investments in energy efficiency and renewable energy

Sector/Topic targeted:

Responsible Authority: 
USDA United States Department of Agriculture

Status:

Trade Relevance: 
Policies stimulating domestic use of biomass => availability for export
Year Instrument & Measure Started: 
2014
Year Instrument & Measure Ended: 
2015