Rural Energy Savings Program

Catalog of Federal Domestic Assistance Number: 10.751

Link

View Program Website

Sponsors

U.S. Department of Agriculture, USDA Rural Development, USDA Rural Utilities Service

Deadlines

Applications accepted on an ongoing basis

Contact

Robert Coates
202.260.5415
Robert.Coates@usda.gov

Purpose

The Rural Energy Savings Program (RESP) provides loans to qualified intermediaries, small businesses, and families to implement cost-effective energy efficiency measures. The ultimate goal of the program is to help lower energy bills and encourage investment in energy efficiency.

Eligibility

Eligible applicants include current and former Rural Utility Service (RUS) borrowers, subsidiaries of current or former RUS borrowers, and entities that provide retail electric service needs in rural areas.

Geographic coverage

Nationwide

Amount of funding

Individual loan limits are not specified. Loan terms include:

Up to 20 years at a 0% interest rate
Up to 5% interest rate for relending to end users qualified consumers, for up to 10 years
Up to 4% of the loan total may be used for startup costs

Application process

Links to additional guidance and application instructions are available on the program website and in the Federal Register.

Email a letter of intent to resp@wdc.usda.gov. Applicants that are invited to proceed with the process will have up to 90 days to complete and submit a full loan application.

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Capital funding

For complete information about funding programs, including your application status, please contact funders directly. Summaries are provided for your convenience only. RHIhub does not take part in application processes or monitor application status.