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Rural Energy For America Program (REAP) Feasibility Study Grant Program

Rural Energy For America Program (REAP) Feasibility Study Grant Program. Certain renewable energy system projects must include a business level feasibility study to be submitted to be considered for a Rural Energy for America Program (REAP) Grant and/or Loan Guarantee.

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Rural Energy For America Program (REAP) Feasibility Study Grant Program

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  1. Rural Energy For America Program (REAP) Feasibility Study Grant Program • Certain renewable energy system projects must include a business level feasibility study to be submitted to be considered for a Rural Energy for America Program (REAP) Grant and/or Loan Guarantee. • Such feasibility studies are now an eligible purpose under the REAP for which a grant may be awarded. • Energy grants may be used to pay up to 25 percent of the eligible project costs up to $50,000.

  2. Rural Energy For America Program (REAP) Feasibility Study Grant Program • Idaho had 5 applications in 2009. Four were complete and eligible and were submitted for funding consideration and were awarded grant funds: • Arkoosh Hydroelectric, Inc. – Grant request for $12,500 for a commercial scale hydroelectric facility on the Little Wood River. • Preston Whitney Irrigation Company – Grant request for $12,500 for a hydroelectric facility in their irrigation canals. • Innovative Energy, LLC. – Grant request of $50,000 for a 20MW wind farm in the Delco area. • Murphy Flat Wind LLC. – Grant request of $50,000 for a 20MW wind farm in the Murphy area.

  3. Rural Energy For America Program (REAP) Results for 2009

  4. Energy Programs • Biorefinery Assistance Program (Section 9003) • Loan guarantees up to $250 million for commercial scale biorefineries. • Grants (up to 50% of total project) for demonstration scale biorefineries.

  5. Energy Programs • Repowering Assistance (Section 9004) • Payments to existing biorefineries (including ethanol and biodiesel plants) which use fossil fuels for heat or power to help convert to renewable biomass.

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