Federal grant and tax credit dollars have significantly reduced the costs for farmers to install solar projects and power their businesses.
Jon LaPorte is a Farm Business Management Educator with Michigan State University Extension.
“These are for actual on-farm use to help reduce the cost of electricity, and those utility bills that farmers have in terms of growing and maintaining the production they raise every year,” he explains.
He tells Brownfield USDA’s Rural Energy for America Program (REAP) can cut installation costs up to 50 percent and the Inflation Reduction Act’s Investment Tax Credit gives businesses up to a 30 percent credit.
Cutting energy costs with new solar incentives
