Showing posts with label Agricultural Act of 2014. Show all posts
Showing posts with label Agricultural Act of 2014. Show all posts

February 18, 2014

New Farm Bill Becomes Law, Includes Millions In Renewables Funding

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.