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REAP Grants for feasibility studies
In addition to providing grants for rural energy projects themselves, REAP
(Rural Energy for America Program) also offers grants to small businesses and
farmers & ranchers to help them pay for the cost of a detailed, professional,
independent feasibility study on their prospective renewable energy projects.
(The study cannot be conducted by the developer or an affiliate; it must be done
by a truly independent party.) Assistance is limited to $50,000 or 25% of the
cost of the study, whichever is less. In FY2010, approximately $3 million will
be awarded.
Note: A REAP Feasibility Study grant helps pay for the cost of a final,
comprehensive business-level study that gathers together and evaluates all of
the preliminary data and studies and reaches a determination as to the viability
and profitability of the proposed energy project. In addition, the grant may be
used for a Resource Assessment study, a Transmission study, and/or an
Environmental study that would inform such a study. The grant may not be used to
pay for facility design work or permitting/licensing costs, nor may it be used
for "industry-level" studies that would serve as a template for more than one
project. REAP applications are accepted year round, but they are typically only funded
during specific funding windows.
The
Notice of Funding Availability (NOFA) for Fiscal Year 2013 has
been announced. The deadlines to submit applications are as
follows: Renewable Energy Systems and Energy Efficiency
Improvements Applications Grant only
applications are due by April 30,2013 Grant and
guaranteed loan combination applications are due
April 30, 2013
Guaranteed loan only applications are due by July 15, 2013
Feasibility Study Grants Applications
Applications are due by April 30, 2013 Contact our office
with questions at (503)414-3369
REAP Feasibility Study grants overview
Getting Started
- What's "rural"? - all REAP projects must be in a rural location
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What is a "small business"? - REAP feasibility study grants are strictly limited
to small businesses or farmers/ranchers
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What is a feasibility study?
- REAP feasibility study grants can help pay the
cost of obtaining an independent, professional feasibility study, which in turn
may help the small business or farmer to obtain a REAP energy project grant.
Application Template
Links
RD-Oregon contacts for the REAP program
Click here to sign up for
"Energy Program Notices for Small Business &
Agricultural Producers"
and other e-mail alerts for USDA Rural Development programs
in Oregon.
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