side-by-side-farm-bill-2024-rural-energy-for-america-program-reap-7c6db0abec37234e.pdf

The document compares current law with the House version of the Rural Energy for America Program (REAP), highlighting proposed changes to grant selection criteria, loan guarantee limits, and discretionary funding. It notes that the Senate version is pending. REAP provides financial assistance to agricultural producers and rural small businesses for renewable energy systems and energy efficiency upgrades.

• The House version of the Farm Bill proposes expanding the selection criteria for energy audit and renewable energy development assistance grants to include the "potential of the proposed program to meaningfully improve the financial conditions of the agricultural producers or rural small businesses."
• The House version proposes a significant increase in the maximum amount of loan guarantees under REAP, raising the limit from $25,000,000 to $50,000,000.
• The House version suggests extending the authorization for discretionary funding of $20,000,000 per fiscal year through 2029, whereas current law authorized this through 2023.
• REAP supports a variety of renewable energy technologies, specifically including biomass, geothermal, hydropower, hydrogen, wind, solar, and ocean energy.
• The program utilizes a three-tiered application process based on project cost: Tier 1 for projects up to $80,000, Tier 2 for projects between $80,000 and $200,000, and Tier 3 for projects $200,000 or more.

APA

Environmental and Energy Study Institute (2024). side-by-side-farm-bill-2024-rural-energy-for-america-program-reap-7c6db0abec37234e.pdf. https://www.eesi.org/files/Side-by-Side-Farm-Bill-2024-Rural-Energy-for-America-Program-REAP.pdf

Chicago

Environmental and Energy Study Institute. side-by-side-farm-bill-2024-rural-energy-for-america-program-reap-7c6db0abec37234e.pdf. 2024. https://www.eesi.org/files/Side-by-Side-Farm-Bill-2024-Rural-Energy-for-America-Program-REAP.pdf.

Wikipedia

{{cite report |author=Environmental and Energy Study Institute |title=side-by-side-farm-bill-2024-rural-energy-for-america-program-reap-7c6db0abec37234e.pdf |date=18 June 2024 |url=https://www.eesi.org/files/Side-by-Side-Farm-Bill-2024-Rural-Energy-for-America-Program-REAP.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{environmentalandenergystudyinstitute2024sidebysidefarmbill2024ruralenergyforamericaprogramreap7c6db0abec37234epdf, author = {{Environmental and Energy Study Institute}}, title = {{side-by-side-farm-bill-2024-rural-energy-for-america-program-reap-7c6db0abec37234e.pdf}}, institution = {Environmental and Energy Study Institute}, year = {2024}, month = jun, url = {https://www.eesi.org/files/Side-by-Side-Farm-Bill-2024-Rural-Energy-for-America-Program-REAP.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }