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Agriculture Secretary Vilsack Announces Funding To Reduce Energy Costs for Rural Small Businesses
AMES, IOWA, November 9, 2011 – Agriculture Secretary Tom Vilsack today announced that USDA is funding projects to harness wind, solar, geothermal and hydroelectric power to reduce energy costs for farms and small business across rural America. Rural Development Deputy Under Secretary Doug O'Brien made the announcement on the Secretary's behalf during his address here today at the Rural Young Entrepreneur Summit (YES).
"The Obama Administration is assisting small businesses, including farmers and ranchers, as they work to reduce their energy costs," O'Brien said. "When energy costs are reduced, American rural businesses become more competitive, allowing them to expand and create jobs."
One of the projects announced today will assist Hawkeye Tri-County Electric Cooperative in Cresco, Iowa, to install a geothermal heating and cooling system in its headquarters building. Coon Valley Turkeys, LLC, in Lake View, Iowa, is receiving funding to install a wind turbine to offset the cost of electricity. Gary Larson of Underwood, Iowa, will receive assistance to install a geothermal heating and cooling system in a shop that services his farming operations.
The YES event is sponsored by USDA Rural Development, the Community Vitality Center (CVC), Iowa State University's Extension, Outreach Community and Economic Development along with the U.S. Small Business Administration.
Below is a complete list of funding recipients announced today:
Sea Lion Corp. $50,000 grant Wind project
Avalanche Ranch $300,000 grant Geothermal generation
Putnam Green Power $275,000 grant Hydro electric
Blake Organic Farms $5,230 grant Feed Mill energy project
CPU Property Management $12,667 grant Geothermal
Don Johnston Construction $15,937 grant Wind generation
E-4 Sons Company $7,171 grant Geothermal
Energique, Inc $20,000 grant Geothermal
Heritage Wood Products $15,610 grant Geothermal
John Oliver $18,065 grant Wind
Kevin Eisenman $11,849 grant Geothermal
MJF Roadhouse $7,607 grant Geothermal
Rick Ryan $15,849 grant Geothermal
Coon Valley Turkeys $50,000 grant Wind
Dennis Smith, Inc. $29,694 grant, $59,388 loan, Geothermal
Gary Larson $49,727 grant Geothermal
Hawkeye Tri-County Electric Cooperative $50,000 grant Geothermal
Thomas Rabel $39,949 grant Wind-Solar
Thorsen Brothers, Inc. $39,703 grant Wind
Crystal 28 LLP $36,750 grant Wind
Cornwell Farms $14,262 grant Geothermal
BCP Centerwind $50,000 grant Wind
BCP Eastwind $50,000 grant Wind
BCP Westwind $50,000 grant Wind
Pestinger Beverage Co. $19,750 grant Wind
Iager Brothers $78,800 grant Solar electric
Mill Valley Associates $89,636 grant Solar electric
Brad Hagen $17,002 grant Geothermal
Jade $20,000 grant Solar, geothermal
Reinbold Organic Farms $20,000 grant Geothermal
Meadowridge Inc. $46,377 grant Greenhouse efficiency
Lonnie Irion $35,724 grant Solar, Geothermal
William Ankley $30,000 grant Solar electric
Byron Klaassen $9,260 grant Geothermal
Federated Rural Electric $12,165 grant Geothermal
Gary Carlson $9,767 grant Geothermal
Hammer Ag Sales $6,565 grant Geothermal
James Behrends $11,526 grant Geothermal
Jared Ahlers $6,500 grant Geothermal
Jonathan Wenzel $10,085 grant Geothermal
Nobles Cooperative Elec. $14,880 grant Geothermal
Thomas Olsem $6,332 grant Geothermal
Willis Sandbulte $4,956 grant Geothermal
Michelle Huddle $11,058 grant Geothermal
Tekolste Enterprises $19,750 grant Wind
David Ackley $20,000 grant Solar electric
9 Main St. LLC $442,750 grant Solar electric
Auburn Road Enterprises $32,571 grant Solar electric
Blairwood Farms, Inc. $49,975 grant Solar electric
Harvery's Honey Inc. $50,000 grant Solar electric
Outnumbered Energy $254,852 grant Solar electric
Provision Energy $129,630 grant Solar electric
Provision Energy $161,797 grant Solar electric
Waldac Farm $133,245 grant Solar electric
Micosta Enterprises $19,860 grant Solar/Geothermal
Mayberry Solar LLC $4 million loan Solar
EZ Orchards $123,413 grant Solar electric
BMB Enterprises $500,000 grant Hydro electric
Green Mountain Env. $49,325 grant Hydro
Scenic View Organic Eggs $31,057 grant Solar electric
USDA funding is being provided through the Rural Energy for America Program (REAP) and is contingent on the recipient meeting the conditions of the grant or loan agreement. REAP grants can finance up to 25 percent of a project's cost, up to $500,000 for renewable energy systems and $250,000 for energy efficiency improvements.
Since taking office, President Obama's Administration has taken historic steps to improve the lives of rural Americans, put people back to work and build thriving economies in rural communities. From proposing the American Jobs Act to establishing the first-ever White House Rural Council – chaired by Agriculture Secretary Tom Vilsack – the President wants the federal government to be the best possible partner for rural businesses and entrepreneurs creating job opportunities and for people who want to live, work and raise their families in rural communities.
USDA, through its Rural Development mission area, administers and manages housing, business and community infrastructure and facility programs through a national network of state and local offices. Rural Development has an active portfolio of more than $155 billion in affordable loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
USDA is an equal opportunity provider, employer and lender. To file a complaint of discrimination, write: USDA, Director, Office of Civil Rights, 1400 Independence Avenue, SW, Washington, DC 20250-9410 or call (800) 795-3272 (voice), or (202) 720-6382 (TDD).