Friday, February 5, 2016
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Nixon’s Lazy “S” ranch receives rural energy grant
TEMPLE -- Agriculture Secretary Tom Vilsack announced grants for more than 900 agricultural producers and rural small businesses across the country to implement renewable energy and energy efficiency measures in their operations. Among the recipients are Lazy “S” Ranch of Nixon, which will use the funding to add solar panels to generate solar electricity for each respective business.
The Rural Energy for America Program (REAP) is helping many agricultural producers and rural small businesses reduce energy consumption, according to an Aug. 18 U.S. Department of Agriculture (USDA) press release. Throughout Texas, 39 small businesses and agricultural producers received more than $660,000 to reduce energy consumption by making their businesses and farms more energy efficient.
These federal funds leverage other funding sources for small businesses. Funding of each award is contingent upon the recipient meeting the conditions of the grant agreement. Grants can finance up to 25 percent of a project’s cost, not to exceed $500,000 for renewables, $250,000 for efficiency.
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