Deadline for Federal EQIP Energy Cost Assistance Grants Extended
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The deadline for completing environmental projects to qualify for the Environmental Quality Incentives Program energy cost assistance has been extended until December 29, according to Craig Derickson, State Conservationist. "Farmers have put various conservation practices on hold because of the recent increases in the cost of energy," said Derickson. "As part of our commitment to help mitigate the impact of high energy costs on agricultural producers, this cost adjustment and time extension will lessen the impact of energy prices on farmers, while protecting our natural resources." Prior to this week's announcement the deadline for completion of the EQIP projects was September 1 to receive the incentive payment for EQIP projects that have been delayed due to increasing energy costs. The one-time payment adjustment applies only to participants who signed EQIP contracts in 2004 or earlier and will only be paid for practices that are completed between March 1 and December 29. Projects must be completed and adhere to NRCS standards and specifications before payments can be made. The 15 percent payment increase will focus on a select list of specific practices that have escalated in price by 20 percent or more because of rising energy costs and to practices most affected by increased costs in construction materials such as concrete, steel and plastic pipe. Participants must contact their local field office to determine which practices may be eligible for the payment increase. Administered by USDA's Natural Resources Conservation Service, EQIP is a voluntary conservation program for farmers and ranchers that promotes agricultural production and environmental quality. EQIP offers financial and technical assistance to participants who implement structural or management practices on eligible agricultural land. For more information, visit the EQIP webpage. |
9/1/2006 |
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