United States Department of Agriculture Renewable Energy Programs REBUILD HAWAII CONSORTUIM March 5, 2012

United States Department of Agriculture Renewable Energy Programs Over 40 grant, direct loan, and guaranteed loan programs to finance housing, businesses, and infrastructure in rural areas. Program Areas: Rural Housing Programs Rural Utility Programs Rural Business and Cooperative Programs USDA Rural Development

United States Department of Agriculture Renewable Energy Programs State Office—Hilo, HI Area I--Oahu Islands of Kauai, Oahu, Maui, Molokai/Lanai, Hawaii American Samoa Area II--Guam Guam Commonwealth of the Northern Marianas Islands Republic of Palau Republic of the Marshall Islands Area III—Pohnpei (Federated States of Micronesia—FSM) country) Pohnpei, Yap State, Kosrae, Chuuk

United States Department of Agriculture Renewable Energy Programs Online Tools  Energy Maps  Energy Matrix 

United States Department of Agriculture Renewable Energy Programs  Renewable Energy Systems and Energy Efficiency Improvements projects  Grants and guaranteed loans  Eligible for agricultural producers and rural small businesses (Must be for-profit)  Feasibility Studies for Renewable Energy System projects  Energy Audit Assistance Rural Energy for America Program (REAP)

United States Department of Agriculture Renewable Energy Programs Eligible Projects  Purchase of a renewable energy system or energy efficient improvements  Technology must be pre-commercial or commercially available, and replicable  Project must have technical merit

United States Department of Agriculture Renewable Energy Programs Renewable Energy Systems  Renewable Biomass  Bio energy  Anaerobic digester  Wind  Large vs. small  Solar  Electric  Thermal  Large vs. small  Geothermal  Direct use (heat pump)  Electric generation  Hydrogen  Hydroelectric (small)  Hybrids  Ocean Energy

United States Department of Agriculture Renewable Energy Programs Energy Efficiency  Improvements to a building, facility or process that reduces energy consumption or energy consumed per square foot  Lighting, refrigeration, cooling, insulation  Replacement of existing systems

United States Department of Agriculture Renewable Energy Programs Grant Funding  Grants may be made for up to 25% of eligible project costs  Renewable energy max. grant: $500,000  Minimum: $2,500  Energy efficiency max. grant: $250,000  Minimum: $1,500

United States Department of Agriculture Renewable Energy Programs Guaranteed Loans  Normally 80% guarantee  85% for loans $600,000 or less  70% for loans greater than $5 million  Loan amount limited to 75% of total eligible project costs  Maximum guaranteed loan amount: $25 million

United States Department of Agriculture Renewable Energy Programs Combined Funding  Project could apply for both grant and guaranteed loan  Combined funding limited to 75% of total eligible project cost  Simultaneous submission of grant and guaranteed loan applications  Grant portion of funding may be used to fulfill equity requirement for guaranteed loan

United States Department of Agriculture Renewable Energy Programs  Renewable Energy / Energy Efficiency Grants and Loan Guarantees  Funds allocated to state offices  Competitive selection  National reserve available when state allocation is exhausted (competitive) Rural Energy for America Program (REAP)

United States Department of Agriculture Renewable Energy Programs Competitive Funding  State allocations—three “pots” of money  Grants $20,000 or less ($80K project)  Grants greater than $20,000  Guaranteed Loans  National reserve competition when state funds are exhausted

United States Department of Agriculture Renewable Energy Programs  Energy Audit and Renewable Energy Development Assistance  Grant funding to assist with cost of performing energy audits or technical assistance for renewable energy projects (site selection, resource assessments)  Colleges and universities, units of state or local government, Rural Electric Cooperatives, public power entities eligible Rural Energy for America Program (REAP)

United States Department of Agriculture Renewable Energy Programs  Feasibility Studies, Energy Audit, Renewable Energy Development Assistance Grants  Funds held at national level  Competitive selection Rural Energy for America Program (REAP)

United States Department of Agriculture Renewable Energy Programs Hawaii REAP Funding REAP Funding Hawaii grant allocation $ 60,075 $ 209,150 $ 177,015 Grant applications rec'd Selected for Funding 686 % Selected 40%47%28% Funds obligated $ 112,306 $ 446,441 $ 168,216

United States Department of Agriculture Renewable Energy Programs Hawaii Projects Funded  Solar, solar, solar  Flex Fuel Dispenser  Energy Efficiency (only one!)

United States Department of Agriculture Renewable Energy Programs FY 2012 National Program Level:  $25.4 million = Grants $10.2 million (allocated to States) Guaranteed Loans $41.9 million Hawaii REAP Allocations- FY 2012  Grants $20,000 or less-$50,000  Grants greater than $20,000- $58,000  Guaranteed Loans-$294,000  National Office Reserves-$2,795,000 REAP Funding

United States Department of Agriculture Renewable Energy Programs Other USDA Programs for Energy  Community Facilities (non-profits)  Water & Environmental Loans  Business & Industry Guaranteed Loans  High Energy Cost Grant  Rural Electric Loans (via KIUC) Going Forward…

United States Department of Agriculture Renewable Energy Programs Who to Contact… Oahu/Kauai/American Samoa Shirley M.U. Heatherly Aiea Heights Drive, Suite 156 Aiea, HI (808) , Ext. 118, (F) West Hawaii/FSM/Guam/ROP/RMI Denise M. Oda 154 Waianuenue Ave., Room 311 Hilo, HI (808) (F) Maui/Moloka’i/Lana’i/East Hawaii Lori Nekoba Business Programs Specialist Hilo, HI (808) (F)