Through The federal tax credit and USDA Solar Grants, Missouri Solar has never been more financially accessible to rural agricultural producers.
Missouri Solar Solutions recently completed a solar panel installation project on a big hog barn and an even bigger main barn. We got the client approved for the USDA grant that is paying for 50% of the cost of the system.
Speaking of USDA grants, We just sold $830,000 worth of solar arrays that are using the USDA grant to pay for up to 50% of the cost of the systems.
Here is more information about the USDA grants and qualifications:
USDA Rural Development Rural Energy For America Program (REAP)
DSIRE NC Clean Energy Technology Center – USDA – Rural Energy for America Program (REAP) Grants
USDA Solar Grant FAQs
What is the US Government Grant for Solar Farms?
It is a government program intended to help farmers, small and rural companies, and other businesses install new solar systems and improve their energy efficiency.
What is USDA Reap?
REAP offers guaranteed loan financing and grant funding to agricultural producers, rural small for-profit businesses, co-ops, and tribal businesses. The program aims to support the purchase or installation of renewable energy systems (RES) and energy efficiency improvements (EEI) projects.
What Does Reap Stand for?
Investing in America’s Agenda. With the passage of the Inflation Reduction Act, the Rural Energy for America Program (REAP) has been provided over $2 billion for renewable energy systems and energy efficiency improvement grants for agricultural producers and rural small business owners through 2031.
How Much Does the Government Subsidize Renewable Energy?
During FY 2016–22, nearly half (46%) of federal energy subsidies were associated with renewable energy, and 35% were associated with energy end uses. Federal support for renewable energy of all types more than doubled, from $7.4 billion in FY 2016 to $15.6 billion in FY 2022.
