August 29, 2019
Farm Bill Opens Opportunities for Energy Storage in Rural Energy Programs
The Farm Bill makes energy storage eligible for existing financing programs administered by the US Department of Agriculture that support clean energy projects in rural communities, particularly farms and small businesses.
- Storage is eligible for up to $50MM/year in grants to cover a portion of project costs under the Rural Energy for America Program when co-located with renewable energy.
- Rural utilities may now support standalone storage with pass-through funds under the Rural Energy Savings Program (up to $100MM/year).