Seguin Storage owner Timothy Oglesby utilized a U.S. Department of Agriculture (USDA) Rural Development (RD) Rural Utilities Service (RUS) Rural Energy for America Program (REAP) to help with the photovoltaic array (solar panels) to reduce the cost of operating his storage facility in Seguin, Texas, on March 24, 2020.
This is the first phase of the complex that will have additional storage buildings with plans to install arrays on each.
Rural Energy for America Program (REAP) was used FY 2017 for a grant amount of $18,729.75 toward the
30.7 kW Solar Photovoltaic system placed on the roof of a new climate-controlled storage facility. The solar array produces an average of 44,193 kWh annually. Based on an average price of $0.089 per kWh the small business grantee should save $3,933.17 per year. The grant was 25% of the total eligible project costs ($74,919) for a total of $18,729.75. The return on investment for this project is 19 years.
RD is committed to helping improve the economy and quality of life in rural America. Through our programs, we help rural Americans in many ways by offering loans, grants, and loan guarantees to help create jobs and support economic development and essential services such as housing; health care; first responder services and equipment; and water, electricity, and communications infrastructure. To learn more information about RD, please see rd.usda.gov
RUS provides the much-needed infrastructure or infrastructure improvements to rural communities. These include water and waste treatment, electric power, and telecommunications services. All of these services help to expand economic opportunities and improve the quality of life for rural residents. For more information about RUS, please go to rd.usda.gov/about-rd/agencies/rural-utilities-service
USDA Photos by Lance Cheung. Original public domain image from Flickr
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