USDA Makes $960 Million Investment in Rural Electric Utility System Improvements
Posted on Oct 28, 2013 in Grid & Infrastructure, Innovation/Efficiency, Reliability, Technology | Comments Off on USDA Makes $960 Million Investment in Rural Electric Utility System Improvements
U.S. Department of Agriculture (USDA) Secretary Tom Vilsack has announced funding for rural electric utility system improvements that will benefit residential and business customers in 23 states, including more than $14.3 million to implement smart grid technology and nearly $11 million to improve electric service for Native Americans. The $960 million in USDA loan guarantees will go towards building 3,587 miles of line and will impact approximately 17,000 rural residential and business customers. Including this latest investment, the Obama Administration has invested $152 million in smart grid technologies nationwide during 2013. Click here for the full story.
