USDA Invests Over $300 Million to Help Hundreds of Small Businesses Improve Energy Efficiency, Adopt Renewable Energy Systems

Agriculture Secretary Tom Vilsack today announced that the U.S. Department of Agriculture (USDA) is investing more than $300 million to help hundreds of small businesses across the country save money on their energy costs by adopting renewable sources or implementing more efficient energy options. Vilsack made the announcement at Lady Bird Johnson Wildflower Center in Austin, Texas, today during a meeting with several local business owners who will make use of these loans and grants. Nationwide, USDA is investing $237 million to support 423 businesses through the Rural Energy for America Program (REAP). Recipients will use the loans and grants to install renewable energy systems such as biomass, geothermal, hydropower and solar. The funds also may be used to make energy efficiency improvements to their heating, ventilation and cooling systems; insulation; or lighting and refrigeration units.