Solar_Pace_Florida
Solar Pensacola
Panama City Beach Solar Residential

USDA Renewable Energy Grant Program

The USDA Rural Energy for America Program (REAP) is offering Guaranteed Loans, Grants and combination Grant/Guaranteed Loans to help agricultural producers and rural small businesses take advantage of renewable energy.

The grant will pay for 25% of the total eligible renewable energy project costs.  If financing is necessary, the guaranteed loan will finance up to 75% of the project costs.  Additionally, there is a 30% Federal Tax Credit available on solar projects.

This is a great investment that will save agricultural producers money year after year, create jobs, reduce our dependence on foreign oil, and build a stronger rural economy.

Payback on most solar systems is less than five years and solar owners will see double digit returns on investment year after year.  For example – a typical 100kW solar electric system will have earned $738,120 in savings by year 30!  Go solar now and take advantage of the grant money from the USDA. For more information about eligibility requirements see http://www.rurdev.usda.gov/BCP_ReapResEei.html or call Compass Solar Energy at 850-439-0035.

Compass Solar Energy is well-versed in the world of renewable energy grants and loan guarantee programs and will work with you to complete the application processes.  The process can take a while, so it is best to get going as soon as possible. Please call 850-439-0035 or email info@compasssolar.com if you would like USDA REAP information or a more detailed analysis of costs for your particular application.