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Rural Energy for America Program (REAP) –
Underutilized Renewable Energy Technologies

Federal Agency: Department of Agriculture
Bureau or Office: Rural Business-Cooperative Service

IRA Statutory Location: 22002(b)

Program Description: To provide guaranteed loan financing and grant funding to agricultural
producers and rural small businesses for underutilized renewable energy technologies.

Funding Amount: $303,817,500

Period of Availability: To remain available until September 30, 2031.

Funding Mechanism: Grants

New or Existing Program: Existing

Eligible Recipients: Rural small businesses, agricultural producers

Tribal Eligibility: Yes

Eligible Uses: Underutilized renewable energy technologies

Cost Share Requirements: Up to 50%

Formula Funding: No

SAM.gov Assistance Listing: 10.868

B U IL D IN G A C L E A N E N E R G Y E C O N O MY 43
G U ID E B O O K | J AN UARY 20 2 3 | VE RS I O N 2