The Hagstrom Report

Agriculture News As It Happens


Vilsack releases report on REAP, urges sign up

Agriculture Secretary Tom Vilsack today released a report on USDA's Rural Energy for America Program (REAP) and urged eligible farmers, ranchers and rural business owners to sign up for certain programs by March 30.

“The Obama Administration understands that helping our nation become more energy efficient is key to continuing the current economic recovery and reducing our reliance on foreign oil,” Vilsack said.

“Stable energy costs are a prime factor in an employer's decision to expand a business or hire new workers,” Vilsack says. “That is why USDA has partnered with more than 13,000 of America's farmers, ranchers and rural businesses to improve their bottom line by helping them find energy efficient solutions that will spur economic growth and prosperity in rural America."

Vilsack said that since President Obama took office three years ago the REAP program has:
  • Supported 5,733 renewable energy and energy efficiency projects nationwide;
  • Generated or saved an estimated 6,500 megawatt hours of power;
  • Provided $192 million in grants and $165 million in loan guarantees to agricultural producers and rural small business owners for renewable energy systems and energy efficiency improvements;
  • Fostered partnerships that have leveraged an estimated $800 million from other sources.