Pierre, SD, Jan 18, 2012 -- Hundreds of farmers, ranchers and businesses are making greater profits and slashing energy costs with the Rural Energy for America Program (REAP). Join the Pierre USDA Rural Development staff to learn about how REAP can assist with renewable energy and energy efficiency projects to cut costs or generate income. An informational meeting will be held January 25, 2012, from 1:00 p.m. – 3:00 p.m. at the USDA Service Center located at 1717 N. Lincoln Ave, Pierre, SD in the conference room.
Under REAP, USDA Rural Development provides financing with grants and loan guarantees. Most rural projects that reduce energy use and result in savings for the agricultural producer or rural small business owner are eligible as energy efficiency projects, including lighting, insulation, or purchase and replacement of equipment with more efficient units. Some use REAP incentives to upgrade to more efficient ventilation, pumps, coolers, insulation, or heating and cooling systems. Others now generate their own energy with solar panels, wind turbines, biogas or biofuels.
Eligible renewable energy projects include production of energy from wind, solar, biomass, geothermal, hydro power and hydrogen-based sources. The projects can produce any form of energy including; heat, electricity or fuel.
Specific funding for ethanol Blender pumps will be discussed. A representative from the State of South Dakota will also be on hand to discuss the Ethanol Infrastructure Incentive Program.
Any rural small business owner or Ag producer seeking financial support to install an alternative energy system or to install an energy efficient system such as new lighting, heaters and air conditioners through the REAP program can call the local USDA Rural Development field office in Pierre for additional information at 605-224-8870 Ext. 4.
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/sd/