Rural Energy Savings Program (RESP)
To help rural families and small businesses achieve cost savings
General information about this opportunity
Last Known Status
Rural Utilities Service, Department of Agriculture
Type(s) of Assistance Offered
E - Direct Loans
Farm Security and Rural Investment Act of 2002, Public Law 107-171, 7 U.S.C. 8107a
Section 6205 of the Agricultural Act of 2014, Public Law 113-79
Who is eligible to apply/benefit from this assistance?
The following documents are required in order to submit a completed application: Letter of intent, energy efficiency program implementation work plan, environmental compliance agreement, a pro forma balance sheet, itemized budget for RESP activities and other applicable documents as specified within the RESP Notice of Funds Availability (NOFA).
What is the process for applying and being award this assistance?
Preapplication coordination is required. An environmental impact statement is required for this listing. The application process consists
of two steps. To be considered for this
funding, Applicants must submit their
documentation no later than the
mandatory dates set forth herein.
Step 1: To be considered for financing
pursuant to this notice, an Applicant
seeking financing must submit a Letter
of intent to apply, as provided herein,
in an electronic Portable Document
Format (PDF), not to exceed 10 MB in
size, by electronic mail (email) to
RESP@wdc.usda.gov. This Notice will
remain open until September 30, 2019;
or until all funds available for this year
have been obligated; or changed by a
subsequent notice. If funds are
exhausted prior to the end of the open
period, applicants that qualify based on
their Letter of Intent will be placed in
a queue, and will be notified when
funds become available. Late or
incomplete Letters of Intent will not be
considered by RUS.
Step 2: An RESP Applicant that has
been invited in writing by RUS to
proceed with the loan application, as
provided in this NOFA, will have up to
sixty (60) days to complete the
documentation for a complete
application. The sixty (60) day
timeframe will begin from the date the
RESP Applicant receives an email with
RUS’ Invitation to proceed. If the
deadline to submit the completed
application falls on Saturday, Sunday,
or a Federal holiday, the application is
due the next business day. Instructions
on how to submit the loan application
package will be included in the RUS
Invitation to proceed to the RESP
This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
The RUS Administrator, has the discretion to make the final decision on approvals of the loans upon a finding that the applicant has met the criteria as outlined in the RESP Notice of Funds.
Contact the headquarters or regional location, as appropriate for application deadlines
Approval/Disapproval Decision Time
From 30 to 60 days.
How are proposals selected?
Please see the NOSA for criteria
How may assistance be used?
The Rural Energy Savings Program provides loans to qualified consumers to implement durable cost-effective energy efficiency measures. Borrowers must meet eligibility requirements, loan term must not exceed 10 years, loans made by an eligible entity to a qualified consumer may bear interest not to exceed 3%.
What are the requirements after being awarded this opportunity?
See NOSA for required reports
Other Assistance Considerations
Formula and Matching Requirements
Statutory formula is not applicable to this assistance listing.
Matching requirements are not applicable to this assistance listing.
MOE requirements are not applicable to this assistance listing.
Length and Time Phasing of Assistance
RESP loans are generally made for a period up to 10 years. Any disbursements of loan funds to an eligible entity in 12 consecutive months from the date of the first advance shall not exceed 50 percent of the approved loan amount. See NOFA
Who do I contact about this opportunity?
Regional or Local Office
1400 Independence Ave., Stop 1560
Washington, DC 20250 US
(Direct Loans) FY 18$21,500,000.00; FY 19 est $56,000,000.00; FY 20 est $133,000,000.00; FY 17$24,273,000.00; -
Range and Average of Financial Assistance
Range of loan size is from $200,000 to $13,000,000.00. The average is $3,034,147.00
Regulations, Guidelines and Literature
Please see the NOSA for all information
Examples of Funded Projects