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USDA Announces Continued Investments in Rural Electric Systems

The United States Department of Agriculture (USDA) announced yesterday that it will provide $858 million in funding for rural electric systems to improve infrastructure and invest in smart grid technology. Major recipients include the Carroll Electric Cooperative in Berryville, AR and the Navajo Tribal Utility Authority. The loans result in part from the recommendations of the...

USDA Accepting Applications for Funding Through ReConnect

The United States Department of Agriculture (USDA) recently established a loan and grant-based program to strengthen broadband in rural America. The program, known as the ReConnect Rural Broadband Pilot Program (ReConnect), will make at least $600 million available in rural broadband projects through the first round of...

USDA Debuts New Investments in Rural Electric Infrastructure and Smart Grid Technology

On April 8, 2019, the United States Department of Agriculture (USDA) announced $485 million in investments in the rural electric system. With investment funds going to 13 states, necessary transmission lines and smart grid technology for rural cooperatives are key...

USDA Banks New Investments in Infrastructure and Smart Grid Technology

Earlier this week, the U.S. Department of Agriculture (USDA) announced investments in seven new projects in Arkansas, Florida, Indiana, Oklahoma and South Dakota. The loans, totaling $122 million, will help build and improve electric lines and implement smart grid...

USDA Announces Investments to Improve Rural Electric Infrastructure

The U.S. Department of Agriculture (USDA) recently announced that it is investing $1.6 billion in 46 rural electric utility infrastructure projects across the country. These investments will help contribute to a stronger rural electric system by improving operations and reliability in 24 states. This funding will help build or improve 5,833 miles of line, will include $307 million in...

Iowa Cooperative Helps Fund Hospital Expansion

Chariton Valley Electric Cooperative (CVEC), an Iowa electric cooperative, has partnered with Northeast Power to provide a $4,687,000 loan to Monroe County Hospital for the expansion of the hospital. CVEC secured funds for the loan from the USDA Rural...

NWEC Receives $8 Million Loan for Infrastructure Improvements

The U.S. Department of Agriculture has announced that North Western Electric Cooperative (NWEC) will receive an $8 million federal loan to build and improve power lines in northwest Ohio. NWEC will use the loan to build 20 miles of new line and improve 40 miles of existing line, which is expected to bring 140 additional consumers to a system which currently serves more than 6,000 rural...

Shelby Electric Secures Loan for Local Manufacturer

Shelby Electric Cooperative (Shelby Electric) assisted IHI Turbo America, a designer and manufacturer of diesel, gasoline and natural gas turbocharger products, in receiving a $2 million loan from the USDA Rural Economic Development Loan and Grant program. The interest-free loan will help the manufacturer fund a 250,000-square-foot facility...

USDA Loans $398.5 Million Dollars to Cooperatives for Infrastructure Improvements

The U.S. Department of Agriculture (USDA) is investing $398.5 million dollars through the Electric Infrastructure Loan Program to improve rural electric service in 13 states.

USDA Invests in Rural Electric Infrastructure

The U.S. Department of Agriculture (USDA) has announced that it is investing $276 million in rural electric infrastructure, some of which is being awarded directly to coops, to improve system efficiency and reliability.

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