Reap renewable energy system (RES) grant unrestricted amount
Active Project Grant Awarded
- Award ID
- CLSS00000088427
- Recipient
-
Commercial Bank & Trust Company UEI FDN6H3EP5PB9
- Awarding agency
-
Rural Business Cooperative Services
Washington Office, Department of Agriculture
- Obligated
- $229,865
Award facts
- Assistance listing
- 10.868 Rural Energy for America Program
- Completion date 99% complete
- Place of performance
- Arkansas, USA
Award details come from USAspending.gov.
About this award
The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $229,865 Rural Energy for America Program (REAP) Project Grant to Commercial Bank & Trust Company, a for-profit Subchapter S corporation located in Monticello, Arkansas. The grant will fund renewable energy systems and energy efficiency improvements for agricultural producers and rural small businesses in the bank's service area. Eligible projects may include solar panel installations, wind turbines, geothermal systems, energy-efficient lighting upgrades, HVAC improvements, and building insulation enhancements. The grant has a project period of November 7, 2024 to November 7, 2026. Through this REAP grant, Commercial Bank & Trust Company aims to help rural entities reduce energy costs, enhance energy efficiency, and expand the use of renewable energy technologies.
Quick answers
Who received award CLSS00000088427?
CLSS00000088427 was awarded to Commercial Bank & Trust Company by Rural Business Cooperative Services (Washington Office) on November 7, 2024.
How much is award CLSS00000088427 worth?
$229,865 has been obligated on CLSS00000088427.
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