Increased Funding and Simplified Access for Rural Renewable Energy Projects.
This bill significantly boosts financial support for farmers and rural small businesses investing in renewable energy and energy efficiency. It raises the maximum grant coverage from 25% to 50% of project costs and mandates a streamlined application process. The goal is to accelerate the adoption of clean energy, reduce operating costs, and promote climate benefits in rural communities.
Key points
Maximum grant funding for renewable energy projects increases from 25% to 50% of total project costs.
A streamlined application process must be developed to make accessing funds easier for rural businesses and farmers.
The program expands technical assistance and education, especially for integrating energy systems with agricultural production (dual-use land).
New emphasis is placed on funding projects that demonstrate potential for reducing greenhouse gas emissions.
Expired
Additional Information
Print number: 118_S_2594
Sponsor: Sen. Smith, Tina [D-MN]
Process start date: 2023-07-27