The program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements. The Agency is not accepting REAP grant applications at this time. The Federal Power Commission acting pursuant to authority granted by the Federal Power Act, particularly sections 301 (a), 304 (a), and 309, and paragraph (13) of section 3, section 4 (b) thereof, and. Although the USDA announced on March 26, 2025, that it intends to release previously committed REAP, New ERA, and PACE funds, implementation details remain unclear. USDA Notification Requirement: Awardees have 30 calendar days from the USDA's March 26 announcement to notify them of any project. In early 2024, the U. Department of Agriculture (USDA) and U. Based on feedback, USDA and DOE recommitted. Purchasing solar power from PSREC's Community Solar Program is a great option for members who may not want to make the large up-front investment in a solar system, are renting, or live in an area with shading where a solar system would not produce optimal energy output. We plan to add 8,000 megawatts of competitively bid, utility-scale solar power by 2040 — when solar power will comprise more than half of our electric capacity.