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Solar Panel Reap And Loans

What is the USDA Rural Energy for America Program (REAP) Grant?

The Rural Energy for America Program (REAP) from USDA Rural Development is an excellent
opportunity for Florida farmers and rural businesses to produce their electricity by adding a solar renewable energy system to their operation. This includes large or small farming or ranching operations and small businesses in rural areas.

What does the REAP grant program do?

The REAP grant program provides guaranteed loan financing and grant funding to agricultural
producers and small rural businesses for renewable energy systems, such as solar PV panels.
Agricultural producers may also apply for new energy-efficient equipment and new solar energy
system loans for agricultural production and processing.

Who may apply for the REAP Grant program?

Agricultural producers with at least 50 percent of their gross income from agricultural operations and small businesses in eligible rural areas may apply for the federal REAP grant.

Rural locations are any town, city, or location with less than 50,000 people. Or, If the business is farming and produces more than 50 percent of annual income directly from agricultural
production, you can qualify for the grant regardless of where your farm is.

Rural businesses of any type can apply for a REAP grant. Only the owner of the company may
apply for the grant. The business owner does not have to own the building or land where the
business operates, but they must maintain control of the site. Residents are not eligible.

Available Funding for REAP Grants and Loans

Grants and loans to fund the installation of Solar Panel Renewable Energy systems: 2,500
minimum to $500,000 maximum.
Grants and loans to fund Energy Efficiency improvements: Rebate amount $1,500 minimum to
$250,000 maximum.

When can I apply for the REAP Grant?

Apply Now! Applications for REAP grants and loans must be received by March 31, 2022.

Applying for a REAP grant or loan may seem a bit overwhelming. However, PPM Solar has
years of experience assisting eligible farms, agricultural operations, and businesses with the
application process.

Contact PPM Solar today to apply for a REAP grant or loan. Our professional team will assist
you with your application.

What are the benefits of a business going solar?

Reduced Operating Costs
Solar power systems will reduce or even eliminate your office buildings or operations electric
bill. These money savings can have a tremendous impact on rural businesses, farms, or
agricultural operations.

Excellent Return on Investment
Investing in solar power generates both long-term savings and quick payback.

Maintenance-Free and Reliable
A solar power system requires little or no maintenance. A solar panels system will provide
electricity quietly and cleanly for 30 to 40 years.

“Green Business” Label
Going green by installing solar panels will reduce operating expenses and serve as a great PR
and marketing tool. Having an environmentally responsible image is good for any company, as it
can generate a positive response from consumers.
Allow our team at PPM Solar to help you lead the way in switching your energy source to
something more sustainable today!

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