New Hampshire Companies REAP Energy Efficiency Funding

FIVE New Hampshire, U.S., companies received energy efficiency grants and loans totaling $285,454, the U.S. Department of Agriculture revealed on Monday.

The grants and loan guarantees are being provided through the Rural Energy for America Program (REAP), a 2008 Farm Bill initiative.

Molly Lambert, State director for Rural Development, said, “The REAP (Rural Energy for America Program) programme is helping many agricultural producers and rural small businesses reduce energy consumption and improve operations.” provide an example of energy efficiency saving, Quality Castings and Aluminum Products LLC in New Hampshire received a $36,987 grant to improve energy-efficient in their casting facility. they expect to save 83 percent in annual energy costs.

This example shows the substantial saving available from improving energy efficiency, with grant and favourable loans available the decision to upgrade facilities is a no brainer.

Picture of Franklin, New Hampshire by Doug Tone reproduced under CCL.

Thursday 29th September 2011

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