News Release
Department of Agriculture, Department of Energy Launch Initiative to Help Farmers Reduce Costs with Underutilized Renewable Technologies as part of President Biden’s Investing in America Agenda
WASHINGTON, Feb. 26, 2024 – The U.S. Department of Agriculture (USDA) and the U.S. Department of Energy (DOE) today are launching a new initiative to help farmers cut costs and increase income using underutilized renewable technologies including smaller-scale wind projects. Through the Rural and Agricultural Income & Savings from Renewable Energy (RAISE) initiative, USDA is setting an initial goal of helping 400 individual farmers deploy smaller-scale wind projects using USDA’s Rural Energy for America Program (REAP). This goal is only possible because of President Biden’s Inflation Reduction Act which provided more than $144 million in grant funding for underutilized technologies through the REAP program.
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