Powering Affordable Clean Energy
Funding TypeGrant
Funding Typeloans
Grantor Agency
U.S. Department of Agriculture
Grant Range1M-100M
# of Awards Availablen/a
Programmatic AreaEnergy & Environment
Deadline September 29, 2024
Match Required?
Match Amountvaries
Eligible EntitiesRUS will accept Letters of Interest from the following entities: (a) For-profit organizations.(b) State or local governments.(c) Indian Tribes defined by the Federally Recognized Indian Tribe List Act of 1994 (Public Law 103-454; 108 Stat. 4791, 4792), including their wholly arms and instrumentalities.(d) Alaska Native Corporations, including regional or village corporations as defined under or established pursuant to the Alaska Native Claims Settlement Act (Public Law 104-42; 85 State. 688) (e) Nonprofits. (f) Institutions of higher education.(g) Community-based organizations, distribution electric cooperatives, and generation and transmission electric cooperatives.
Focus AreaThe Powering Affordable Clean Energy (PACE) program is part of the Inflation Reduction Act. With $1 billion in funding, PACE helps make clean, affordable, and reliable energy accessible to the people of rural America. Under PACE, USDA Rural Development’s Rural Utilities Service (RUS) will forgive up to 60% of loans for renewable energy projects that use wind, solar, hydropower, geothermal, or biomass, as well as for renewable energy storage projects.
ContactTasha Deardorff, Grantor: SM.RD.RUS.IRA.Questions@usda.gov
Link to Opportunityhttps://www.rd.usda.gov/sites/default/files/RD-FS-RUS-PACE_FINAL508.pdf
Application Platformgrants.gov
CDFA Number
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