1 / 5

Rural Energy For America Program (REAP) Feasibility Study Grant Program

Rural Energy For America Program (REAP) Feasibility Study Grant Program. Certain renewable energy system projects must include a business level feasibility study to be submitted to be considered for a Rural Energy for America Program (REAP) Grant and/or Loan Guarantee.

dorothy-williamson
Download Presentation

Rural Energy For America Program (REAP) Feasibility Study Grant Program

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Rural Energy For America Program (REAP) Feasibility Study Grant Program • Certain renewable energy system projects must include a business level feasibility study to be submitted to be considered for a Rural Energy for America Program (REAP) Grant and/or Loan Guarantee. • Such feasibility studies are now an eligible purpose under the REAP for which a grant may be awarded. • Energy grants may be used to pay up to 25 percent of the eligible project costs up to $50,000.

  2. Rural Energy For America Program (REAP) Feasibility Study Grant Program • Idaho had 5 applications in 2009. Four were complete and eligible and were submitted for funding consideration and were awarded grant funds: • Arkoosh Hydroelectric, Inc. – Grant request for $12,500 for a commercial scale hydroelectric facility on the Little Wood River. • Preston Whitney Irrigation Company – Grant request for $12,500 for a hydroelectric facility in their irrigation canals. • Innovative Energy, LLC. – Grant request of $50,000 for a 20MW wind farm in the Delco area. • Murphy Flat Wind LLC. – Grant request of $50,000 for a 20MW wind farm in the Murphy area.

  3. Rural Energy For America Program (REAP) Results for 2009

  4. Energy Programs • Biorefinery Assistance Program (Section 9003) • Loan guarantees up to $250 million for commercial scale biorefineries. • Grants (up to 50% of total project) for demonstration scale biorefineries.

  5. Energy Programs • Repowering Assistance (Section 9004) • Payments to existing biorefineries (including ethanol and biodiesel plants) which use fossil fuels for heat or power to help convert to renewable biomass.

More Related