USDA gives $330 million to rural coops for T&D and smart grid

USDA gives $330 million to rural coops for T&D and smart grid

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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.

Kentucky

  • Farmers Rural Electric Cooperative Corporation - $17,582,000. Funds will be used to build 327 miles of distribution line and make other system improvements. The loan amount includes $412,541 for smart grid projects.

 

Minnesota

  • Runestone Electric Association - $22,000,000. Funds will be used to build 82 miles of distribution line and make other system improvements. The loan amount includes $379,100 for smart grid projects.

 

North Dakota

  • Burke-Divide Electric Cooperative, Inc. - $7,700,000. Funds will be used to build 106 miles of distribution line, 20 miles of transmission line and make other system improvements. The loan includes $549,994 in smart grid projects.
  • Central Power Electric Cooperative, Inc. - $33,733,000. Funds will be used to build 141 miles of transmission line and make other system improvements.

 

Oklahoma

  • Cotton Electric Cooperative, Inc. - $24,850,000. Funds will be used to build 229 miles of distribution line and make other system improvements. The loan includes $1,300,000 in smart grid projects.

 

South Dakota

  • West Central Electric Cooperative, Inc. - $10,125,000. Funds will be used to build 46 miles of distribution line, 14 miles of transmission line and make other system improvements. The loan includes $314,487 in smart grid projects.

 

South Dakota and North Dakota

  • Northern Electric Cooperative - $20,388,000. Funds will be used to build 303 miles of distribution line and make other system improvements. The loan includes $902,512 in smart grid projects.

 

Texas

  • Bowie-Cass Electric Cooperative, Inc. - $38,532,000. Funds will be used to build 562 miles of distribution line and make other system improvements. The loan amount includes $672,875 for smart grid projects.

 

The loan guarantees are provided by USDA's Rural Utilities Service.

 

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