The Secretary also reminded eligible farmers, ranchers and rural business owners that the deadline to apply for some types of funding this year is approaching.
“Helping our nation become more energy efficient is key to continuing the current economic recovery and reducing our reliance on foreign oil,” Vilsack said. “Stable energy costs are a prime factor in an employer’s decision to expand a business or hire new workers. That is why USDA has partnered with more than 13,000 of America’s farmers, ranchers and rural businesses to improve their bottom line by helping them find energy efficient solutions that will spur economic growth and prosperity in rural America.”
Since the beginning of the Obama administration, Vilsack said REAP has supported 5,733 renewable energy and energy efficiency projects nationwide; generated or saved an estimated 6.5 million megawatt hours of power; provided $192 million in grants and $165 million in loan guarantees to agricultural producers and rural small business owners for renewable energy systems and energy efficiency improvements; fostered partnerships that have leveraged an estimated $800 million from other sources.
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