USDA Announces Investments to Improve Rural Electric Infrastructure
Posted on Nov 12, 2018 in Financing, Grid & Infrastructure | Comments Off on USDA Announces Investments to Improve Rural Electric Infrastructure
The U.S. Department of Agriculture (USDA) recently announced that it is investing $1.6 billion in 46 rural electric utility infrastructure projects across the country. These investments will help contribute to a stronger rural electric system by improving operations and reliability in 24 states. This funding will help build or improve 5,833 miles of line, will include $307 million in smart grid technologies, and will ultimately benefit 7 million rural business and residential electric consumers across the United States.
