in News Departments > Policy Watch
print the content item

On Feb. 7, President Barack Obama signed into law the Agricultural Act of 2014, also known as the Farm Bill. Among a variety of provisions meant to help support rural Americans, the legislation includes $881 million in mandatory funding for the Energy Title program.

The revamped Rural Energy for America Program (REAP), part of the Energy Title, will allocate $45 million in each fiscal year from 2014 through 2018 to offer grants and loans to rural businesses and agricultural producers to fund energy efficiency and renewable energy projects, including solar and small wind power systems.

Applications for REAP funding are to be evaluated under a three-tiered approach: projects costing $80,000 or less, those over $80,000 but less than $200,000, and those costing $200,000 or more. The Energy Title also provides funding for biofuel programs.

Renewable energy advocates have praised the Farm Bill's passage. For example, Lloyd Ritter, co-director of the Agriculture Energy Coalition, says, “By making modest investments in renewable energy, energy efficiency and renewable chemical technology, the five-year Farm Bill … will have major benefits for energy security, economic growth and environmental gains across the entire United States.”

Michael Brower, president and CEO of  the American Council On Renewable Energy ACORE, notes that his organization salutes Congress for coming together and passing the bill.

“ACORE commends Congress for finding a way to pass a bipartisan Farm Bill that leaves crucial components of the Farm Bill intact while continuing to fund important renewable energy programs and recognizing the importance of water conservation,” Brower says. 

He adds that the programs under the Energy Title “have been and will continue to be important for farmers and small businesses working in the renewable fuels industry or looking to upgrade their facilities with clean, reliable and affordable renewable energy.”




Trachte Inc._id1770
Latest Top Stories

Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.

Renewable NRG_id1934
Canwea_id1984
Tower Conference_id1965