Rural Energy For America Program (REAP) Feasibility Study Grant Program

• Certain renewable energy system projects must include a business level feasibility study to be submitted to be considered for a Rural Energy for America Program (REAP) Grant and/or Loan Guarantee.

• Such feasibility studies are now an eligible purpose under the REAP for which a grant may be awarded. – Energy grants may be used to pay up to 25 percent of the

eligible project costs up to $50,000.

Rural Energy For America Program (REAP)

Feasibility Study Grant Program– Idaho had 5 applications in 2009. Four were

complete and eligible and were submitted for funding consideration and were awarded grant funds:

– Arkoosh Hydroelectric, Inc. – Grant request for $12,500 for a commercial scale hydroelectric facility on the Little Wood River.

– Preston Whitney Irrigation Company – Grant request for $12,500 for a hydroelectric facility in their irrigation canals.

– Innovative Energy, LLC. – Grant request of $50,000 for a 20MW wind farm in the Delco area.

– Murphy Flat Wind LLC. – Grant request of $50,000 for a 20MW wind farm in the Murphy area.

Rural Energy For America Program (REAP)

Results for 2009

Energy Programs

Biorefinery Assistance Program (Section 9003)

Loan guarantees up to $250 million for commercial scale biorefineries.

Grants (up to 50% of total project) for demonstration scale biorefineries.

Energy Programs

Repowering Assistance (Section 9004) Payments to existing biorefineries

(including ethanol and biodiesel plants) which use fossil fuels for heat or power to help convert to renewable biomass.