Solar Grants for Small Businesses & Farms
The current version of the Rural Energy for America Program through the United States Department of Agriculture includes grant opportunities that pay up to 40% of the total cost of an eligible project. This is a program that has already helped some agricultural businesses and other small businesses in rural areas with 25% grant assistance for energy-related projects. Now, the USDA REAP Grant progam is getting a boost from the Inflation Reduction Act signed into law in August of 2022. When you combine the USDA REAP Grant with additional federal tax benefits, your business can recoup a large portion of the costs of your new solar system through those grants and tax incentives.
Solar Alliance can help you determine your eligibility and develop a solar solution adapted to your unique needs. With transparency & communication, we’ll ensure this process is as seamless as possible, from start to finish. We’re your one-stop shop from application to ongoing maintenance.
Who Can Apply?
There are a few types of businesses who may apply for these USDA small business grants.
Agricultural producers may apply for the USDA REAP Grant if at least 50% of their gross income comes from agricultural operations.
Small businesses may apply if they’re located in eligible rural areas.
- No outstanding delinquent federal taxes, debt, judgment or debarment
- To apply, you must own the business
- Must be located within the specified rural areas
- Must be of sound mind
- The business must be for-profit – there are not currently any USDA REAP Grants available for non-profits
Applying For REAP Grants
There are a few levels of REAP Grants that you can apply for, and the application dates can vary.
- Up to $80,000
The latest grant deadline is October 31, 2022.