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 2015
Latest Top Stories

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.


Demand Response And Renewables Help SDG&E Tackle Record-Breaking Heat Wave

San Diego Gas & Electric (SDG&E) recorded peak demand records last week and relied heavily on energy conservation, as well as imported wind and solar power, to keep the lights on.


Report: Utility-Scale Renewables Keep Getting Cheaper

A new study suggests the levelized costs of energy of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.

S&C Electric_id176
Hybrid Energy Innovations 2015
edf_id180