Renewable Energy Feasibility Studies

Renewable Energy Feasibility Studies

The cost-share program to partially fund a renewable energy feasibility study may be utilized by producers who completed the energy audit process and, based on the producer’s management goals, have implemented all relevant energy efficiency retrofit opportunities having a simple payback period of less than 5 years. The feasibility study must satisfy the criteria for the USDA Rural Development REAP program and must also include a project screening model output from the RETScreen Clean Energy Project Analysis Software. Upon completion of the feasibility study, program participants interested in implementing the renewable energy project will be informed of cost-share and grant opportunities offered through the USDA Rural Development grant program among any other active programs offered by utilities or other agencies as well as any remaining funds from the original $5,000 project allocation.