The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $605,135 Rural Energy for America Program (REAP) Project Grant to Arkansas River Valley Farms LP on August 22, 2023. The grant will provide up to 25% of the costs for the agricultural producer to implement renewable energy systems and energy efficiency improvements. Eligible project activities may include the installation of solar panels, wind turbines, geothermal systems, energy-efficient lighting and HVAC systems, and improved building insulation. The grant has a 2-year performance period, with a target completion date of August 22, 2025. The REAP program aims to assist rural small businesses and agricultural producers in reducing energy costs and consumption while expanding the use of renewable energy sources in rural communities across the United States.
Generated 7/2/24, 8:50 AM