The USDA's Rural Energy for America Program (REAP) grant offers tremendous savings potential, covering up to 50% of renewable energy project costs. Here are answers to some most frequently asked questions about applying for and utilizing this impactful incentive.
What types of projects does the REAP grant fund?
The grant supports installation of solar photovoltaics, solar thermal, small wind turbines, anaerobic digesters, biomass, geothermal, hydroelectric, and other clean energy systems.
What is the maximum grant amount I can receive?
You can qualify for up to $1 million per project, covering 50% of total costs. So planning systems with approx. $2 million budget allows full utilization.
When should I apply to maximize chances?
Apply early within your chosen quarterly cycle as evaluations are processed first-come-first-served till allocated funds get exhausted.
How do I confirm location eligibility?
Use the USDA's [Eligibility Assessment Map](https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=mfp) to instantly determine if you qualify as a rural small business.
What are the key qualifying criteria?
You must satisfy employee headcount or revenue thresholds per your NAICS code and be located in an eligible rural area to qualify.
Can I receive repeat REAP grants?
Yes, you can apply successfully every year. But the program restricts consecutive funding for the same project initiative.
How long does the review process take?
Plan for a 4-6 month time frame from application to approval. Engaging specialized consultants like Innovate Energy Group can help accelerate the process.
What happens if my application gets rejected?
You can re-apply in the next cycle or consider lowering your funding request to 25% under the same program.
When will this 50% funding expire?
The current 50% grant rate will revert to 25% after September 2024, so timely applications are recommended.
This covers the most common program questions. Reach out to our experts at Innovate Energy Group for further REAP-related assistance!