Albuquerque, NM, Nov 16, 2010 -- USDA Rural Development State Director Terry Brunner announced today that Rocky Mountain Physical Therapy, LLC in Raton, New Mexico has qualified to receive funding to install a new solar/thermal system at that business location.
The business is one of 516 projects across the nation that is being funded to help farmers, ranchers and owners of rural businesses reduce energy costs and develop new sources of renewable energy.
In making the announcement Brunner said, “The funding allows a small business such as Rocky Mountain Physical therapy use renewable energy technologies so it can reduce its energy costs and ultimately make the business more competitive and more successful.”
The program providing the funds for this project is called the Rural Energy for America Program (REAP) which helps farmers, ranchers and small businesses in rural America with loan and grant financial support to install renewable energy systems to make energy efficiency improvements.
Rocky Mountain Physical Therapy is receiving a $49,854 grant from the REAP program to install a modern solar/thermal system which will allow the building where the business is located to become more energy efficient. The total cost of the project is almost $200,000. Construction for the project has begun and will be completed in the very near future.
USDA Rural Development’s mission is to increase economic opportunity and improve the quality of life for rural residents. Rural Development fosters growth in homeownership, finances business development, and supports the creation of critical community and technology infrastructure. Further information on rural programs is available at any local USDA Rural Development office or by visiting USDA Rural Development’s web site at http://www.rurdev.usda.gov