in News Departments > New & Noteworthy
print the content item

On Sept. 12, the U.S. Department of Agriculture (USDA) announced more than $136 million in new loan guarantees to help fund electric system improvements in seven states, including over $5 million for smart grid projects.

The USDA's announcement came only a week after it revealed $207.9 million in separate loan guarantees for rural utilities in eight states. That funding included $11 million for smart grid projects. According to the agency, it has invested more than $530 million in smart grid technologies nationwide since 2011.

The following is a list of rural utilities that will receive the USDA’s newest round of funding:

Iowa

East-Central Iowa Rural Electric Cooperative - $10 million. Funds will be used to serve 327 customers, build 211 miles of distribution line and make other system improvements. The loan includes $483,259 for smart grid projects.

Farmers Electric Cooperative Inc. - $10 million. Funds will be used to serve 305 customers, build 273 miles of distribution line and make other system improvements. The loan includes $60,000 for smart grid projects.

Southwest Iowa Rural Electric Cooperative - $6 million. Funds will be used to serve 336 customers, build 133 miles of distribution line and make other system improvements. The loan includes $145,711 for smart grid projects.

Kansas


The Western Cooperative Electric Association Inc. - $16.5 million. Funds will be used to serve 200 customers, build 349 miles of distribution line and make other system improvements.

Minnesota

Mille Lacs Energy Cooperative - $9.9 million. Funds will be used to serve 463 customers, build 84 miles of distribution line and make other system improvements. The loan includes $770,000 for smart grid projects and $386,100 for service to Native Americans.

North Itasca Electric Co-op Inc. - $5.9 million. Funds will be used to serve 400 customers, build 124 miles of distribution line and make other system improvements. The loan includes $987,490 for smart grid projects and $108,680 for service to Native Americans.

Missouri

West Central Electric Cooperative Inc. - $20 million. Funds will be used to serve 840 customers, build 125 miles of distribution line and make other system improvements. The loan includes $448,000 for smart grid projects.

Oklahoma

Kiwash Electric Cooperative Inc. - $10 million. Funds will be used to serve 549 customers, build 178 miles of distribution line and make other system improvements. The loan includes $74,000 for smart grid projects.

Texas

Central Texas Electric Cooperative Inc. - $25 million. Funds will be used to serve 2,912 customers, build 589 miles of distribution line and make other system improvements. The loan includes $856,500 for smart grid projects.

Wyoming

High Plains Power Inc. - $22.6 million. Funds will be used to serve 772 customers, build 127 miles of distribution line and 15 miles of transmission line, and make other system improvements. The loan includes about $1.4 million for smart grid projects and $2.4 million for service to Native Americans.










Hybrid Energy Innovations 2015
Latest Top Stories

Duke Energy Commits $500M To Major Solar Expansion In N.C.

The utility company says the investment will help further diversify its portfolio, as well as increase solar power for its North Carolina customers by 60%.


Sensus Issues Refund To SaskPower After Smart Meter Woes

As SaskPower continues to swap out its Sensus units following several meter failures, the two companies have reached an agreement in order for the utility to recover costs.


The Smart Utility's Guide To Choosing A Smart Meter

Electricity providers across North America are taking on grid modernization. This article outlines the myriad factors a utility should consider in order to select the best-possible smart meter.


DOE Report: U.S. Wind Power Prices Reach All-Time Low

According to the U.S. Department of Energy (DOE), wind power continues to play a larger role in the U.S.' energy mix and is the cheapest it has ever been in the country.


Survey Reveals What U.S. Consumers Expect From Their Utilities

GE's new survey measures Americans' views on the state and future of the grid, as well as how much extra consumers would be willing to pay for better power reliability.

S&C Electric_id176
Hybrid Energy Innovations 2015
edf_id180
Future Energy_id187