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05
Feb
2016

joint-financeAmericans have more than a trillion dollars in student loan debt. Wisconsinites are hurting and the most meaningful bill for college students on Thursday’s Joint Finance Committee agenda deals with how to tax songs on a juke box.

Written by Joint Finance Committee Democrats   
 
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05
Feb
2016

energyREAP Program Helps to Finance Renewable Energy and Energy Efficiency Projects.


STEVENS POINT, WI - The U.S. Department of Agriculture (USDA) Rural Development recently announced that rural agricultural producers and small business owners can now apply for resources to purchase and install renewable energy systems or make energy efficiency improvements. These efforts help to save money on energy bills, reduce America's dependence on foreign oil, support a clean energy economy, and cut carbon pollution.

USDA is now accepting Rural Energy for America Program (REAP) applications for loan guarantees to help finance the cost of renewable energy systems and energy efficiency improvements.

Eligible agricultural producers and rural small businesses may use REAP funds to purchase and install renewable energy systems that incorporate commercially available technology. This includes renewable energy from wind, solar, small hydropower, hydrogen, geothermal and renewable biomass (including anaerobic digesters). Eligible energy efficiency improvement projects include lighting, heating, cooling, ventilation, fans, automated controls, manufacturing equipment and insulation upgrades that reduce energy consumption.

Through the REAP loan guarantees, USDA Rural Development may guarantee up to 85 percent of a commercial loan. Rates and terms are negotiated with the lender, and subject to USDA approval. Loan assistance may cover up to 75 percent of eligible project costs. Maximum loan amount is $25 million. Lender benefits include mitigating risk, expanding portfolio, and secondary market sales.

For application deadlines and details on how to apply, contact the USDA Rural Development Energy Coordinator for Wisconsin, Brenda Heinen at 715-345-7610 or via e-mail at This e-mail address is being protected from spambots. You need JavaScript enabled to view it . Information is also available in the October 6 Federal Register, page 60349.

Written by USDA   
 
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04
Feb
2016

milw-valley-powerplantAssembly committee hearing Wednesday on AB 804/SB 654 to cut money-saving program could result in businesses and homeowners paying an additional $60 million on their energy bills.

Written by Clean Wisconsin   
 
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