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Electric Loans for Renewable Energy

Open Date:

TBD

Close Date:

TBD

Upcoming Milestones:

Eligible Recipients:

  • Cooperative
  • Local Government
  • Native/Tribal Entity
  • Non-profit
  • Private Sector
  • State Government

Program Purpose:

  • Energy Infrastructure

Reserved for Energy
Communities?

No

Funded by:

U.S. Department of Agriculture

Overview

To finance the construction of electric distribution, transmission, and generation facilities, including system improvements and replacements required to furnish and improve electric service in rural areas, as well as demand side management, energy conservation programs, and on-grid and off-grid renewable energy systems.

Eligible Uses: For cost of loan projects under Section 317 of the Rural Electrification Act of 1936 (7 U.S.C. 940g) for facilities that generate renewable electricity (from solar, wind, hydropower, biomass, or geothermal source) for resale to rural and nonrural residents. Includes projects that store electricity in support of 317 loan projects.

Related Resources

Additional information is available on the Resources page.

Funding Details

Funding Source:
Funding Type:
Loan
Total Amount Available:
$1,000,000,000
Limit per Applicant:
Estimated Awards:

Applicant Guidance

Contact Information

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