Docstoc

Renewable Energy Energy Efficiency

Document Sample
Renewable Energy Energy Efficiency Powered By Docstoc
					               Renewable Energy & Energy Efficiency Program
                                       2002 Farm Security Act, Section 9006
                       U.S. Department of Agriculture—Rural Development
Energy Efficiency:                                               Renewable Energy:
Installation of energy efficient equipment and                   Purchase and installation of a system that
improvements to a facility, building, or process                 produces or produces and delivers usable energy
or that reduces energy consumption                               derived from wind, solar, biomass, geothermal, or
                                                                 hydrogen derived from these sources

Guaranteed Loans and Grants are available to: Agricultural Producers and Rural Small Businesses
(Excludes residential purposes)
Agricultural Producer: Individual or entity directly involved in the production of agricultural products and
50% or greater of their gross income is derived from the operations.
Rural: All areas other than a city with a population greater than 50,000 and urbanized area contiguous and adjacent to
such city.
Small Business: A private entity including a sole proprietorship, partnership, corporation, and a cooperative, municipal, or
Indian tribal electric utility. Must meet SBA small business size standards including aggregate of affiliated and subsidiary
entities; excludes other non-profit entities. Facility and headquarters must be located in a rural area.

Guaranteed Loans:                                           Grant Funds:
$5,000 - $10,000,000 loan amount                            $1,500 - $250,000 for Energy Efficiency projects
                                                            $2,500 - $500,000 for Renewable Energy projects
   70 – 85% guarantee of loss                                 Applicants must demonstrate financial need
   Loan amounts (including grant funds, if                    Grants cannot exceed 25% of eligible project
    applicable) cannot exceed 50% of                            cost
    eligible project cost
   Open application cycle. Applications will                   Open application cycle. Applications will be
    be processed on an on-going bases                            funded at set points in the fiscal year
Uses of Grant and Loan Funds:
  Construction of buildings real estate improvements and purchase and install equipment that are
   an integral and necessary part of the renewable energy system or an energy efficiency
   improvement project
  Energy audits, feasibility study and business plans
  Professional fees, design fees, permits, etc.
  Guaranteed loan funds may be used for expansions or improvements to existing renewable
   energy systems

Contacts and additional information:                            Kelley Oehler
Web Site: www.rurdev.usda.gov/rbs/farmbill/                     USDA-RD WI Rural Energy Coordinator
E-mail: RD.BCP.SO@wi.usda.gov                                   715-345-7615, ext 141
Telephone: 715-345-7610                                         Kelley.Oehler@wi.usda.gov



Rural Development is an Equal Opportunity Lender, Provider, and Employer. Complaints of discrimination should be sent to USDA,
Director, Office of Civil Rights, Washington, DC 20250-9410.

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:2
posted:9/3/2011
language:English
pages:1