The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $162,427 Rural Energy for America Program (REAP) Project Grant to Old School Investments, a for-profit Subchapter S Corporation, on March 22, 2024. The grant will provide funding over a two-year performance period for renewable energy system projects such as solar panel installations, wind turbines, geothermal systems, and energy-efficient lighting and HVAC upgrades. The primary goal is to reduce energy costs and consumption while expanding the use of renewable energy sources in rural communities in Missouri. REAP grants typically range from $5,000 to $944,212, with most awards falling between $20,000 and $250,000.
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