USDA Announces $1 Billion for Rural Renewable Energy Grants

Up to $1 billion in grants are now available to help farmers and rural business owners install renewable energy systems or make energy-efficiency improvements, according to USDA Secretary Tom Vilsack. The agency will cover up to 50% of the cost of projects with a maximum grant of $1 million through the Rural Energy for American Program.

Vilsack cites the need for renewable energy as critical for helping rural Americans “create thriving, livable communities”. USDA opened the application window on April 1 and will hold quarterly competitions for funding until September 30. The funding allocation stems from the 2022 climate, health and tax law. For those considering entering, USDA says it is looking for projects that encourage rural economic growth, conserve farmland, mitigate climate change and aid underserved communities.

Read more on renewable energy funding here.