Powering Affordable Reliable Technology (PART) Energy Program
The PART Energy Program offers up to $410 million in USDA loans, with partial forgiveness, to support renewable energy and energy storage projects in rural areas, requiring cost sharing except in certain underserved regions.
Funder: Rural Utilities Service
Due Dates (Anticipated): October 2026 (Letters of Interest) | May 2027 (Full Application)
Funding Amounts: $1M–$100M per award (loan + up to 40% forgiveness); $410M total budget authority ($1.1B in lending authority)
Summary: Supports loans (with partial forgiveness) for new renewable energy generation (hydro, geothermal, biomass) and energy storage projects serving primarily rural areas.
Key Information: This is a forecasted opportunity; all dates and details are projected—confirm on the program page before applying.
Description
The Rural Utilities Service (RUS), part of USDA Rural Development, anticipates opening the Powering Affordable Reliable Technology (PART) Energy Program to support affordable, reliable energy growth across the United States. The program provides loans—with up to 40% loan forgiveness—for eligible utilities and entities developing new renewable energy generation (hydro, geothermal, or biomass) and energy storage systems. Projects must primarily benefit rural service areas, and are intended to increase power supply, reliability, and consumer affordability.
