USDA offers funds to aid rural energy

The U.S. Department of Agriculture is offering rural development grants and loans for rural businesses and farmers looking to produce renewable energy or make energy-saving improvements.

The funds can be used to finance the installation of renewable energy sources such as wind turbines, solar or ethanol systems. Funds also could be used for energy efficient projects like adding insulation or improving electrical systems.

Energy efficiency improvements must cost at least $6,000 to qualify, and new renewable energy projects should cost at least $10,000. Grants can cover as much as one-fourth of a project’s cost and can be combined with guaranteed loans.

Costs incurred before submitting an application are not eligible.

The deadline for grant applications is May 18. Applications for guaranteed loans are due by July 2. Applicants should call the Rural Development State Office at 876-0995 for more information or to obtain a grant application guide.

http://www.columbiatribune.com/2007/Mar/20070325News002.asp