The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $106,073 Rural Energy for America Program (REAP) Project Grant to Piper Property Group, LLC on February 5, 2024. The two-year grant supports the development of a renewable energy system project by the for-profit organization located in Illinois. The REAP program provides funding for renewable energy systems and energy efficiency improvements for agricultural producers and rural small businesses, with the goal of reducing energy costs and expanding renewable energy usage in rural communities across the United States. Recent REAP awards have ranged from $5,000 to $944,212, with most falling between $20,000 and $250,000 and a typical two-year performance period.
Generated 12/10/24, 8:04 AM