Powering Affordable Reliable Technology (PART) Energy Program
Rural Utilities Service · Powering Affordable Reliable Technology Energy Program (10.757)
Posted 8 Sept 2026 · 8 days left
In plain terms
The US Department of Agriculture's Rural Utilities Service offers loans of 1 to 100 million US dollars to help rural utilities finance renewable energy and energy storage projects. Eligible applicants include for-profit companies, government bodies, nonprofits, cooperatives, Indian tribes and Alaska Native corporations, with letter-of-interest submissions due by 9 October 2026.
A generated summary of the donor's text; the original wording is below.
Summary
The Rural Utilities Service (RUS or the Agency), a Rural Development (RD) Agency of the United States Department of Agriculture (USDA), is soliciting Letters of Interest (LOI) for loan Applications, announcing the Application process for those loans, and providing deadlines for Applications from eligible entities under the Powering Affordable Reliable Technology (PART) Energy Program. These loan funds will be made to qualified PART Applicants to finance power generation Projects for Renewable Energy Resource (RER) systems or Energy Storage Systems (ESS) that support RER Projects. The PART Program is making approximately $410 million in appropriated budget authority (BA) funding available under the Inflation Reduction Act of 2022 (IRA). RUS will process and evaluate complete LOI on a rolling basis in the order they are received.
The PART Program is to be carried out by the RUS pursuant to Section 22001 of the IRA. Section 22001 of the IRA amends Section 9003 of the Farm Security and Rural Investment Act of 2002 by adding new subsection (h). Section 22001 of the IRA provides RUS with appropriated funds “for the cost of loans under Section 317 of the RE Act.” Additionally, Section…
Excerpt from the donor's page. The full text, annexes and forms are on the original call.
Who can apply
- private_company
- government
- ngo_cso
- community_based_org
Eligibility and conditions
Show the eligibility text from the source
Applicant types: Others (see text field entitled "Additional Information on Eligibility" for clarification)
RUS will accept LOIs and Applications from Operating Utilities as the followings: (a) For-profit organizations.(b) State or local governments. (c) Indian Tribes defined by the Federally Recognized Indian Tribe List Act of 1994 (Public Law 103-454; 108 Stat. 4791, 4792), including their wholly arms and instrumentalities. (d) Alaska Native Corporations, including regional or village corporations as defined under or established pursuant to the Alaska Native Claims Settlement Act (Public Law 104-42; 85 Stat. 688)(e) Nonprofits. (f) Distribution electric cooperatives and generation and transmission electric cooperatives. (g) Certificated electric utilities