The federal Project Grant award of $924,908 was provided by the U.S. Department of Agriculture's Rural Business Cooperative Services under the Rural Energy for America Program (REAP), CFDA 10.868. The funding will support the installation of renewable energy systems and energy efficiency improvements by Rastelli Brothers Realty, a small business located in Logan Township, New Jersey. The grant has a performance period from December 31, 2024 to December 31, 2026. The project aims to help the rural business reduce energy costs, enhance energy efficiency, and expand the use of renewable energy technologies such as solar panels, wind turbines, and HVAC upgrades. The REAP program provides grants of up to 25% of project costs to agricultural producers and rural small businesses to promote the development of renewable energy systems and energy efficiency improvements.
Generated 3/4/25, 7:31 AM