The Rural Energy for America Program (REAP), administered by the USDA Rural Business Cooperative Services, awarded a $848,000 Project Grant to Mike Molstead Motors, Inc. on February 27, 2024. The funding will support the development of a renewable energy system for the company's operations. REAP provides grants of up to 25% of project costs to agricultural producers and rural small businesses to promote energy efficiency improvements and renewable energy systems. The award has a period of performance from February 27, 2024 to February 27, 2026. The primary goal is to reduce energy costs and consumption while expanding the use of renewable energy sources in rural communities across the United States.
Generated 12/10/24, 9:54 AM