What is the REAP Grant (Rural Energy for America Program)?
The USDA's "Rural Energy for America Program," or “REAP,” offers a grant designed to encourage agricultural and rural businesses to maximize their energy efficiency with solar.
savings | Take advantage of REAP Grant savingsThe REAP grant can cover up to 50% of your solar energy system costs allowing you to break even in as little as 1 year. There are millions of dollars available to rural and small to mid-size businesses in Alabama, as well as AG producers through this program. |
handshake | How can Greentech Renewables help?Greentech Renewables can help you with each stage of the grant application process, from finding an installer to working with a grant writer. |
sunny | Can I take advantage of the REAPGrant?Small businesses in eligible rural areas of Alabama and any agricultural producer can apply and may be eligible.
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Solar Incentives in Alabama
The state of Alabama offers a property tax abatement for qualifying renewable energy facilities in the state. However, only the noneducational portion of the property tax can be abated.
Alabama businesses can take advantage of the federal Energy Investment Tax Credit program. This allows businesses to claim 30% of their solar system costs as a federal tax credit, and additional tax credits are available depending on the district.
Business owners in Alabama can take advantage of the Modified Accelerated Cost Recovery System (MACRS). This program allows business owners to recover some of the costs of solar panel installation through a five-year MACRS schedule.
Act Now!
There are very few solar incentives in Alabama, and the typical payback period for solar installations in this state make it one of the worst areas for solar in the US. However, the USDA's 50% rebate on your solar energy system is available in Alabama, despite the lack of state incentives. This grant is one of the best incentives offered in the history of the solar industry, so take advantage of the REAP rant while it is still available. Fill out our interest form to get started!
The REAP Grant is available in:
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