in News Departments > Policy Watch
print the content item

U.S. Department of Agriculture (USDA) Secretary Tom Vilsack has announced $1.95 billion in loan guarantees to modernize and improve the efficiency of rural electric generation and transmission systems.

Vilsack announced in September that the USDA had met its goal to finance $250 million in smart grid technologies in fiscal year 2012. This newest round of funding includes $134 million related to smart grid technologies.

South Alabama Electric Cooperative has received $17.8 million to build and improve 144 miles of distribution lines and make other system improvements. The loan guarantee includes $125,000 in smart grid projects.

California-based Kirkwood Meadows Public Utility District has received $50 million to build or improve 40 miles of distribution and transmission lines and make other system improvements. The loan guarantee includes $200,000 in smart grid projects.

Southern Iowa Electric Cooperative Inc. has received $10 million to build and improve 106 miles of distribution lines and make other system improvements. The loan guarantee includes $135,000 in smart grid projects.

A full list of rural utilities receiving the USDA funding can be found here.




Hybrid Energy Innovations

Hybrid Energy Innovations 2015
Latest Top Stories

To Help Combat Costly Electricity Theft, Emerging Markets Turn To Smart Grid Infrastructure

According to a new report, the world loses a whopping $89.3 billion to electricity theft annually, and emerging country markets are feeling a majority of the pain.


Report: Utilities Face Big Revenue Cuts From Distributed Energy Resources

According to a new report from Accenture, the growth of solar and other resources, such as energy storage, could mean significant losses for utilities.


NextEra To Acquire Hawaiian Electric In $4.3 Billion Merger Deal

If approved, the agreement between the two energy companies would produce one of North America's largest renewable energy players.


EPA Racks Up Over 1.6 Million Comments On Carbon Pollution Plan

Months after the U.S. Environmental Protection Agency released its Clean Power Plan, which will create new regulations for existing power plants, the agency says it has received loads of feedback to consider.


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.

S&C Electric_id176
edf_id180