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RD Renewable Energy Programs

Category: Green Incentives, Energy Incentives


AGENCY: U.S. Department of Agriculture Rural Development (RD), Rural Business-Cooperative Service (RBS)
DESCRIPTION: Programs authorized by the 2008 Farm Bill to provide financial support for the development of renewable energy projects to provide sources of energy other than petroleum based products.
PROGRAMS:
Repowering Assistance Program:
• Encourages the use of renewable biomass as a replacement fuel source for fossil fuels used to process heat or power in the operation of eligible biorefineries.
• Eligible applicants are biorefineries, located in rural areas and owned by U.S. citizens.
• Maximum Program Benefit: Grant.
• Grant amounts are determined based on the quantity of fossil fuel a renewable biomass system is replacing, the percentage reduction in fossil fuel used by the biorefinery, and the cost effectiveness of the renewable biomass system, economic benefit to the community and the potential to improve the quality of life in rural America.
• For details, visit http://www.rurdev.usda.gov/BCP_RepoweringAssistance.html.
• Or contact Ms. Jesse Bopp at (505) 761-4952 or jesse.bopp@nm.usda.gov. Bioenergy Program for Advanced Biofuels:
• Supports the expanding production of advanced biofuels in rural areas.
• Eligible fuel is produced from renewable biomass other than corn kernel starch.
• Eligible applicants are advanced biofuels producers, located in rural areas and owned by U.S. citizens.
• Maximum Program Benefit: Grant.
• Grant amounts depend on the number of producers participating in the program, the amount of advanced biofuels being produced, and the amount of funds available.
• For details, visit http://www.rurdev.usda.gov/BCP_RepoweringAssistance.html.
• Or call (505) 761-4952.


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