Do you have a Carolina-based agricultural operation? You may be able to apply for a grant or a loan guarantee from the USDA. These incentives exist to help businesses like farms install renewable energy or make energy efficiency retrofits to reduce electricity and fuel costs.
This initiative was established to contribute to American energy independence and to help growers and animal agriculture businesses build wealth, while stimulating economic activity in rural areas. Such investments can also reduce energy costs for commercial customers in rural areas over time.
Program details such as eligibility information can be found on the USDA Rural Development website. For example, a farm with at least 50% of gross income coming from agricultural operations, owing no delinquent outstanding federal tax balance, will likely qualify for funds. We’d like to connect you with assistance getting your grant application together – please expect processing to take a matter of 4-7 months before you hear back from the agency about whether you’ll be able to receive a grant. We encourage you to contact us by July 2018 to submit this year!
Renewable energy grants under this program are minimum $2,500 and maximum $250,000, representing up to 25% of total eligible project costs. Grants can be combined with loan guarantee funding up to 75% of total eligible project costs.
Refer to the USDA’s Rural Business Services page to determine your eligibility, and speak with an experienced energy professional by calling us at 704-525-6767 and mentioning you’re interested in pursuing a grant for agricultural solar for your Carolina-based business.
Applications are accepted throughout the year, and when you call we can immediately begin working with you on a custom site layout for the solar electric array that will supply your operation with clean power.