|FUNDING ANNOUNCED FOR PROJECTS TO BOOST RENEWABLE ENERGY PRODUCTION,REDUCE ENERGY CONSUMPTION|
|Nationwide, Oct 19, 2012
@@Agriculture Secretary Tom Vilsack today announced funding for 244 projects nationwide that are focused on helping agricultural producers and rural small businesses reduce energy consumption and costs, and use renewable energy technologies in their operations. Funding is made available through USDA’s Rural Energy for America Program (REAP).
“As part of President Obama’s “all of the above” energy strategy, USDA has partnered with thousands of America’s farmers, ranchers and rural businesses to help them save energy and improve their bottom line,” said Vilsack. “This effort is helping to provide stable energy costs that create an environment for sustainable job growth in rural America.”
For example, in Fannin County, Georgia, Sun Farm, LLC, has been selected to receive a grant of $273,750 to install a 200kw solar (pv) system that will generate an estimated 286,485 kwh of electricity per year. This energy will be sold back into the grid and will be enough to power 20 typical homes for a full year.
In Danville, Georgia, farmer David Floyd was selected to receive a grant to replace an old diesel irrigation motor with a new electric motor. The new system will save an estimated 617,876,078 btu’s a year on his farm, or more than 4,400 gallons of diesel a year.
REAP offers financial assistance to farmers, ranchers and rural small businesses to purchase and install renewable energy systems and make energy-efficiency improvements. These federal funds leverage other funding sources for businesses. In all, USDA announced over $16 million in energy investments today.
Today’s announcement is an example of investments the Obama Administration is making to help create jobs and grow the rural economy. For a complete listing of Rural Energy for America Program grant and loan recipients announced today, please click here.
For additional information on Rural Development projects, please visit Rural Development’s new interactive web map featuring program funding and success stories for fiscal years 2009-2011. The data can be found at: http://www.rurdev.usda.gov/RDSuccessStories.html.
President Obama's plan for rural America has brought about historic investment and resulted in stronger rural communities. Under the President's leadership, these investments in housing, community facilities, businesses and infrastructure have empowered rural America to continue leading the way – strengthening America's economy, small towns and rural communities. USDA's investments in rural communities support the rural way of life that stands as the backbone of our American values. President Obama and Agriculture Secretary Tom Vilsack are committed to a smarter use of Federal resources to foster sustainable economic prosperity and ensure the government is a strong partner for businesses, entrepreneurs and working families in rural communities.
USDA, through its Rural Development mission area, administers and manages housing, business and community infrastructure programs through a national network of state and local offices. Rural Development has an active portfolio of more than $172 billion in loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users).