in News Departments > New & Noteworthy
print the content item

U.S. Department of Agriculture (USDA) Secretary Tom Vilsack has announced $188 million in loan guarantees to upgrade rural electric infrastructure, including more than $18 million in smart grid funding. Since 2011, the agency says Rural Utilities Service borrowers have used USDA funding to invest nearly $464 million in smart grid improvements.

Rural utilities that received loans under this USDA funding round include the following:

- Florida-based Seminole Electric Cooperative Inc. - $44.6 million. Funds will be used for transmission system improvements. The loan amount includes $256,690 for smart grid projects.

- Georgia-based Rayle Electric Membership Corp. - $10 million. Funds will be used to serve 835 consumers, build 163 miles of distribution line and make other system improvements. The loan amount includes $2.1 million for smart grid projects.

- Minnesota-based Goodhue County Cooperative Electric Association - $7 million. Funds will be used to serve about 150 consumers, build 72 miles of distribution line and make other system improvements. The loan amount includes $126,451 for smart grid projects.

- Missouri-based Central Electric Power Cooperative - $59.1 million. Funds will be used to build two new substations, improve 21 miles of transmission line and make other system improvements. The loan amount includes $13.8 million for smart grid projects.

For a full list of the new recipients, click here.


Hybrid Energy Innovations

Hybrid Energy Innovations 2015
Latest Top Stories

Smart Grid Interest Continues To Spread Among U.S. Rural Utilities

A new survey gauges rural smart grid efforts across the country and offers key findings, one of which is that nearly all utilities polled are doing something to modernize their systems.


Global Smart Grid Tech Revenue Slated For Solid Growth

According to a report from Navigant Research, annual revenue for smart grid technologies will reach over $70 billion within the next 10 years.


Utilities Partner With Energy Storage To Harness Renewables

As utilities struggle to incorporate the increased use of intermittent renewable energy resources, such as solar and wind power, onto the grid, the power providers are looking to energy storage.


Smart Meter Fire Probe Points To Sensus Design 'Shortcomings'

There has been more fallout in Saskatchewan: An investigation into SaskPower's halted smart meter program says Sensus Generation 3.3 units "have a tendency to leak" and the utility mishandled the rollout.


Two Years After Superstorm Sandy, Utilities Highlight Grid Efforts

As the U.S. reflects on the monster hurricane that struck in October 2012, utilities note what they have done to help protect against future severe weather.

S&C Electric_id176
edf_id180