U.S. flag An official website of the United States government

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure .gov websites use HTTPS
A lock () or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Powering Affordable Clean Energy (PACE) Program

Open Date:

7/10/2023

Close Date:

9/29/2023

Upcoming Milestones:

Eligible Recipients:

  • Cooperative
  • Educational Institution
  • Local Government
  • Native/Tribal Entity
  • Non-profit
  • Private Sector
  • Public Utility Entity
  • State Government

Program Purpose:

  • Energy Infrastructure

Reserved for Energy
Communities?

No

Bureau/Office

Rural Development

Funded by:

U.S. Department of Agriculture

Overview

The Powering Affordable Clean Energy (PACE) program is part of the Inflation Reduction Act. With $1 billion in funding, PACE helps make clean, affordable, and reliable energy accessible to the people of rural America. Under PACE, USDA Rural Development’s Rural Utilities Service (RUS) will forgive up to 60 percent of loans for renewable energy projects that use wind, solar, hydropower, geothermal, or biomass, as well as for renewable energy storage projects.

Related Resources

Additional information is available on the Resources page.

Funding Details

Funding Source:
Funding Type:
Loan
Total Amount Available:
$1000000000.00
Limit per Applicant:
$100,000,000
Estimated Awards:

Applicant Guidance

PACE overview and guidelines.

Notice of Funding Opportunity PACE

Contact Information

Tasha Deardorff

Grantor

Or contact your General Field Representative (GFR). List of GFRs

Scroll to Top