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Recent posts by Heidi Kolbeck-Urlacher

Rural energy program benefits South Dakota businesses

Last month, the U.S. Department of Agriculture (USDA) awarded more than $380,000 to assist South Dakota businesses in reducing their energy costs and improving energy efficiency. The funding comes from the Rural Energy for America Program (REAP), which provides grants and loans to rural businesses, ag producers, and farmers. REAP funds must be used for the installation of renewable energy systems or to make energy efficiency improvements. 

Your rural voice: Providing a pathway for clean energy investment

Nationally, South Dakota ranks 46th for energy efficiency programs and policy. HB 1090 would improve on that ranking by giving South Dakota counties the ability to create C-PACE programs if they so choose. These programs provide opportunities for local businesses to access low-cost, long-term funding for energy efficiency, renewable energy, and water conservation projects. C-PACE allows businesses to make clean energy improvements that are designed to exceed the annual assessment payment, allowing property owners to save money right away.

Legislation to encourage investments in clean energy

Commercial property assessed clean energy, or C-PACE, is a financing tool that creates opportunities for businesses and nonprofits to make clean energy improvements to their properties. Adopting this legislation has the potential to grow South Dakota’s businesses while furthering the state’s clean energy portfolio.

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