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

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.


USDA Invests $1.4 Billion To Boost Rural Grids Around The Country

The U.S. Department of Agriculture (USDA) has announced more loan guarantees for rural power companies and renewable energy firms in 21 states.


SPP Raises Concerns About EPA's Proposed Clean Power Plan

Stakeholders around the U.S. are mulling over the Environmental Protection Agency's blueprint to cut emissions from existing power plants. The Southwest Power Pool has released its assessment of the plan.


Comverge, Constellation To Merge Demand Response Businesses

The two companies have announced a deal to combine their DR operations serving commercial and industrial customers and establish a new, standalone entity.


Grid-Scale Energy Storage Continues Making Inroads

A new report from Navigant Research highlights the biggest markets and most popular technologies for grid-scale energy storage.

S&C Electric_id176
edf_id180