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Banner Greenhouses of Nebo, NC has been notified that they will be the recipient of a grant from USDA’s Rural Energy For America Program (REAP), for energy efficiency upgrades. The grant provides for 25% of the project costs, which amounts to $16,840.
Waste Reduction Partners provided the energy audit used in the grant application. Total annual energy cost savings for this project is $34,976. Net project costs (Total cost – USDA grant) of $49,347 results in a 1.4 year payback.
The grant helps fund the following upgrades:
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