Background Image
Previous Page  47 / 58 Next Page
Basic version Information
Show Menu
Previous Page 47 / 58 Next Page
Page Background

wiredInUSA - August 2013

47

Rural

infrastructure

funding

awards

The funding will be used to finance the

construction of over 1,000 miles of new or

improved electric line.

Rural utilities and projects which received

loans under the USDA funding include

Seminole Electric Cooperative, Rayle Electric

Membership, Goodhue County Cooperative

Electric

Association,

Central

Electric

Power Cooperative, Central Rural Electric

Cooperative, Black Hills Electric Cooperative

and Lacreek Electric Association, with $9.8m

going to service improvements for Native

American communities.

USDA agriculture secretary Tom Vilsack said

fundingfor rural electricutilities isacornerstone

of the Obama administration’s continuing

effort to develop a new rural economy. “It

is also part of our ‘all-of-the-above’ strategy

to support development of energy from

a variety of renewable resources. USDA’s

support of rural electric utilities’ deployment

of smart grid technologies will increase

efficiencies, reliability, and bring more jobs to

rural America,” Vilsack added.

USDA figures show that since 2011, rural utilities

service borrowers have used funding to invest

around $464m in smart grid improvements.

The US department of agriculture

(USDA) has announced $188m in

loan guarantees to upgrade rural

electric infrastructure, including

over $18m in smart grid funding.

INDEX