Agriculture Secretary Sonny Perdue recently announced that the U.S. Department of Agriculture (USDA) is investing $345.5 million in 20 infrastructure projects to improve rural electric service in 14 states.
“Delivering reliable and affordable electricity to power rural America will help lay the groundwork for increased rural prosperity and economic opportunity,” Secretary Perdue said. “USDA is partnering with rural electric utilities and cooperatives so they can continue to invest in infrastructure improvements to provide electric power to those who live and work in rural areas.”
The USDA is making the investments through the Electric Infrastructure Loan Program. This program helps finance generation, transmission and distribution projects; system improvements; and energy conservation projects in communities with 10,000 or fewer residents.