The agriculture industry remains the greatest-poised to take advantage of the financial benefits of the ongoing solar energy movement. With numerous tax credits and USDA REAP grants available, farmers can offset installation costs up to 50%. In many cases, farmers are seeing full cost recovery in just a few years. Coastal Solar Power Company announces their six latest USDA REAP grant recipients totaling $148,266.48, and provides details for SE-area farmers who need help building their ROI.

Get more info at www.CoastalSolar.com or call 855.811.0313 or email [email protected]

“Solar power is not a new initiative for farmers. We’ve been leading the U.S. in solar energy installations at poultry farms for the past five years,” said Clay Sikes, CEO of Coastal Solar Power Company. “The benefits in financial savings are significant for farmers. We had 6 of our customers receive REAP grants to cover 25% of their costs this past year, increasing their return on investment by thousands. We want to get the facts out to the other farmers in the Southeast about the financial benefits available to them when investing in solar.”

REAP Grants totaling $148,266.48 helped the following six Georgia farmers move forward with solar this past year:

- Durrence Farms in Collins, GA installed a new 20 kW PV solar solution for their two broiler houses on July 1, 2017.  Their solar investment is only $57,200 for 4 years after receiving a USDA REAP grant in the amount of $14,300, and a 30% federal tax credit of $17,160.00.  

- Halter Farms in Collins, GA installed a new 36 kW PV solar solution for their four broiler houses on August 9, 2016. Their solar investment is $86,112 for 3.3 years after receiving a USDA REAP grant in the amount of $15,069.60, and a 30% federal tax credit of $25,833.60.

- CKT Farms, LLC in Collins, GA installed a new 60.1 kW PV solar installation for their six broiler houses on August 23, 2016. Their solar investment is $147,245 for 4.1 years after receiving a USDA REAP grant in the amount of $25,767.88, and a 30% federal tax credit of $44,173.50.

- Hicks Farms LLC in Collins, GA installed a new 70 kW PV solar solution for their three breeder houses on October 26, 2016. Their solar investment is $164,500 for 4.3 years after receiving a USDA REAP grant in the amount of $28,787.50, and a 30% federal tax credit of $49,350.00.

- Tootle Farms in Reidsville, GA installed a new 80 kW PV solar solution for their eight broiler houses on December 21, 2016. Their solar investment is $196,000 for 4 years after receiving a USDA REAP grant in the amount of $49,000.00, and a 30% federal tax credit of $58,800.00.

- Winton Kennedy in Glennville, GA installed a new 20kW PV solar solution for their two broiler houses on June 7, 2017. Their solar investment is $61,366 for 4 years after receiving a USDA REAP grant in the amount of $15,341.50, and a 30% federal tax credit of $18,409.80.

Read more about how REAP has helped farmers cut costs with solar energy incentives:

- USDA Announces 26 Recipients for Nearly $1.9 Million in USDA Grants This Year.

- USDA Provides Funding for More Than 1,100 Renewable Energy and Energy Efficiency Projects Nationwide in 2015.

Get more info at www.CoastalSolar.com or call 855.811.0313 or email [email protected]