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The U.S. Department of Agriculture announced that rural electric cooperatives and utilities in 12 states will share $330 million in loan guarantees to improve generation and transmission facilities and implement smart grid technologies. Of that, approximately $8 million will go toward smart grid technologies.
The announcement was made during this week's NRECA TechAdvantage conference in New Orleans.
The utilities that will receive the funding, contingent on meeting the terms of the loan agreements, are:
Alabama
- Wiregrass Electric Cooperative, Inc. – $13,900,000. Funds will be used to build 135 miles of distribution line and make other system improvements. The loan includes $100,452 in smart grid projects.
- Pea River Electric Cooperative, Inc. – $21,500,000. Funds will be used to build 137 miles of distribution line and make other system improvements.
Alaska
- Kotzebue Electric Association, Inc. – $2,900,000. Funds will be used to build 10 miles of distribution line and make other system improvements.
Colorado
- Southeast Colorado Power Association – $8,202,000. Funds will be used to build 133 miles of distribution line and make other system improvements. The loan includes $600,000 in smart grid projects.
Florida
- Withlacoochee River Electric Cooperative, Inc. – $80,000,000. Funds will be used to build 104 miles of distribution line, 4 miles of transmission line, and make other system improvements. The loan amount includes $1,340,000 for smart grid projects.
Georgia
- Sumter Electric Membership Corporation – $12,500,000. Funds will be used to build 437 miles of distribution line and make other system improvements. The loan amount includes $500,000 for smart grid projects.
Kansas
- Flint Hills Rural Electric Cooperative Association, Inc. – $11,000,000. Funds will be used to build 108 miles of distribution line and make other system improvements. The loan includes $22,000 in smart grid projects.
- The Brown Atchison Electric Cooperative Association – $5,100,000. Funds will be used to build 53 miles of distribution line and 5 miles of transmission line, and make other system improvements.
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