 Well, probably not. REAP stands for Rural Energy Assistance Program. This is an important opportunity for you if your business is located in a rural area, employs less than 500 people, and your income after taxes is less than $6 million. The REAP grant provides a check for 50% of the cost for a renewable solar thermal or photovoltaic energy project, and the project still qualifies for the federal tax credits of 30%.