The REAP Grant Program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses looking to invest in renewable energy systems or improve energy efficiency—helping reduce costs and support long-term sustainability.
Applying for the REAP Grant Program? Electric Factory is here to help—completely free of charge!
The REAP Grant Program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses in the U.S. Virgin Islands. Designed to support rural renewable energy systems and energy efficiency upgrades, the program helps reduce operating costs and promote long-term sustainability. Eligible agricultural producers can also apply for funding to purchase new energy-efficient equipment or install systems that enhance agricultural production and processing.
The grant for business owners covers 50% of the system
Agriculture Funding
An entity directly engaged in production of agricultural products where at least 50 percent of their gross income coming from agricultural operations.
U.S. DEPARTMENT OF AGRICULTURE
More about REAP Grant
The REAP (Rural Energy for America Program) Grant is a funding opportunity provided by the U.S. Department of Agriculture (USDA) to promote energy efficiency and renewable energy projects in rural areas. Its purpose is to support small businesses and agricultural producers in reducing energy costs, increasing sustainability, and contributing to cleaner energy production.
Through the REAP Grant, eligible recipients can receive grants, loan guarantees, or a combination of both to cover a portion of the costs associated with energy-saving or renewable energy installations.
The REAP Grant can be a significant benefit for businesses in rural areas aiming to reduce their environmental footprint and lower operational costs. Our expert staff can help you apply before the deadline for free. Give us a call today to get started!
Eligibility: Rural small businesses and agricultural producers are eligible to apply.
Project Types: It supports both energy-efficiency improvements (e.g., lighting, HVAC upgrades, insulation) and renewable energy systems (e.g., solar, wind, biomass).
Funding Coverage: Loan guarantees on loans up to 75 percent of total eligible project costs. Grants for up to 50 percent of total eligible project costs. Combined grant and loan guarantee funding up to 75% of total eligible project costs.
Application Periods: There are specific deadlines for applications, which vary annually.
An entity directly engaged in production of agricultural products where at least 50 percent of their gross income coming from agricultural operations.
Small Businesses
Must be located in eligible rural areas and one of the following:
Private for-profit entity (sole Proprietorship, Partnership, or Corporation)
A Cooperative [including those qualified under Section 501(c)(12) of IRS Code]
An electric utility (including a Tribal or governmental electric utility) that provides service to rural consumers and operates independent of direct government control)
A Tribal corporation or other Tribal business entities that are chartered under Section 17 of the Indian Reorganization Act (25 USC 477) or have similar structures and relationships with their Tribal entity without regard to the resources of the Tribal government.
Must meet the Small Business Administration size standards in accordance with 13 CFR 121.
NOTE: Agricultural producers and small businesses must have NO outstanding delinquent federal taxes, debt, judgment or debarment.
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