Money for renewable energy systems available in July

(Infrastructure & Transportation : Texas) 7/7/2009
Federal money is available through the end of the month for farmers, ranchers and rural business owners to purchase and install small wind turbines or other renewable energy systems.

The United States Department of Agriculture (USDA) Rural Energy for America Program grants cover 25 percent of the total installed cost of a system and, when combined with the Federal Investment Tax Credit, roughly can cover 50 percent of the cost.

The program is designed to assist producers who gain at least 50 percent of their gross income from agricultural operations and rural small business owners with less than 15 employees.

Applications must be submitted to the local USDA Rural Development Office by July 31.

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