The federal Project Grant award of $1,000,000.00 was provided by the U.S. Department of Agriculture's Rural Business Cooperative Services under the Rural Energy for America Program (CFDA 10.868). The grant funding supports Royal Properties LLC, a for-profit business located in Waldwick, New Jersey, to implement renewable energy systems and energy efficiency improvements. The 24-month project period runs from January 10, 2025 to January 10, 2027. The REAP program aims to help rural entities like Royal Properties reduce energy costs, enhance energy efficiency, and expand the use of renewable energy technologies. Eligible projects can include solar panel installations, wind turbines, geothermal systems, energy-efficient lighting, HVAC upgrades, and building insulation enhancements.
Generated 3/4/25, 5:39 AM