in News Departments > New & Noteworthy
print the content item

The U.S. Department of Agriculture (USDA) has announced $207.9 million in new loan guarantees to build nearly 2,000 miles of line, fund more than $11 million in smart grid projects and make other system improvements in eight states. Since 2011, the USDA says it has invested more than $526 million in smart grid technologies nationwide.

The new loan guarantees, which are made available through the USDA rural utilities program, will be utilized in Kansas, Missouri, Iowa, North Carolina, New Mexico, Texas, Ohio and Virginia.

For example, the Central Virginia Electric Cooperative will use $22.1 million in funding to build 327 miles of distribution line and invest more than $1.1 million in smart grid technologies across 14 counties.

Ohio-based South Central Power Co. will use $64 million to build 558 miles of distribution line, 34 miles of transmission line and make other system improvements. The loan amount includes about $6.37 million for smart grid projects.

For a full list of the fund allocations, click here.


Hse SandyHook
Latest Top Stories

Does Income Determine Who Benefits The Most From Smart Grids?

According to the Smart Grid Consumer Collaborative, low-income consumers may be at a disadvantage.


Accenture And Siemens Form Smart Grid Joint Venture

OMNETRIC Group will help utilities improve energy efficiency, grid operations and reliability.


Maine Public Utilities Commission: Smart Meters Are Safe

According to a report by the commission, there is no direct link between smart meters and health issues.


Report: Global Solar Deployment Topped Wind In 2013

Research firm Clean Edge finds that solar surpassed wind for the first time since it began tracking international markets in 2000.


HEM Is Key For Utilities To Maintain A Competitive Edge

According to a report by Lux Research, automated meters, electricity rates and renewable energy are crucial to the success of home energy management.

S&C Electric_id176
edf_id