Steele-Waseca Cooperative – $12.8 million to build and improve 63 miles of line. The loan includes $1.1 million for smart grid projects. – $32 million to build and improve 271 miles of line. It includes metering, substation automation, computer applications, two-way communications, geospatial information systems and other improvements. Smart grid increases the reliability and efficiency of electric power by helping utilities better manage power needs and supply and improve operational efficiencies. This includes $12 million for smart grid technologies.

USDA is providing more than $200 million in infrastructure loans in today’s announcement. The customers reduced their energy usage by 20 percent on average. In 2014, North Carolina’s Roanoke Electric Membership Corporation used a $6 million loan to help its customers make energy efficiency improvements. Kubota makes lawn and garden mowers and tractors, and tractor implements such as backhoes and front loaders. The improvements that USDA financed for Jackson’s Hagan Creek substation brought 650 jobs to Hall County. In 2015, for example, the Jackson Electric Membership Corporation in Jefferson, Ga., used a $140 million loan to facilitate the expansion of the Kubota Manufacturing Plant of America’s facility in Gainesville, Ga.

They will support the construction and improvement of nearly 1,200 miles of transmission and distribution line in rural parts of Idaho, Kentucky, Minnesota, Missouri, Montana, North Dakota, Oklahoma, South Dakota, Virginia and Wyoming.Įlectric Program loans can make a significant difference in rural areas. The loans are being provided through USDA Rural Development’s Electric Program. “These loans will help provide reliable electricity to rural areas in more efficient and sustainable ways than ever before.”

“Investing in electric infrastructure is critical to the success of businesses, residents and farmers in our small towns and rural areas,” Hazlett said. Assistant to the Secretary for Rural Development Anne Hazlett announced today that USDA is providing loans to help cooperatives and utilities in 10 states improve and expand rural electric infrastructure.

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