Vermont Electric Cooperative Receives Aid for Storm Damage
Posted on Apr 15, 2019 in Grid & Infrastructure | Comments Off on Vermont Electric Cooperative Receives Aid for Storm Damage
The Federal Emergency Management Agency will contribute more than $1.2 million to the Vermont Electric Cooperative to fund system repairs that were necessary as a result of the severe storms in May 2018. Vermont Emergency Management helped Vermont Electric to receive the aid.
USDA Debuts New Investments in Rural Electric Infrastructure and Smart Grid Technology
Posted on Apr 9, 2019 in Grid & Infrastructure | Comments Off on USDA Debuts New Investments in Rural Electric Infrastructure and Smart Grid Technology
On April 8, 2019, the United States Department of Agriculture (USDA) announced $485 million in investments in the rural electric system. With investment funds going to 13 states, necessary transmission lines and smart grid technology for rural cooperatives are key targets.
New Hampshire Electric Coop to Receive FEMA Funds
Posted on Apr 5, 2019 in Grid & Infrastructure | Comments Off on New Hampshire Electric Coop to Receive FEMA Funds
The New Hampshire Electric Coop will receive $2.8 million from the Federal Emergency Management Agency (FEMA) as a result of costs from storms and floods. FEMA’s Public Assistance Program helps reimburse communities for action taken in response and recovery to disaster.
FEMA to Aid System Repairs for Minnkota
Posted on Apr 5, 2019 in Grid & Infrastructure | Comments Off on FEMA to Aid System Repairs for Minnkota
The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has committed $5.9 million to Minnkota Power Cooperative to help repair damaged equipment due to severe storms, tornadoes, winds and flooding that occurred last summer. FEMA noted the critical role Minnkota plays in providing power to communities and the need to support that mission.
Tennessee Provides Grant to Electric Coops for Rural Broadband Expansion
Posted on Mar 21, 2019 in Grid & Infrastructure, Legislative & Politics, Technology | Comments Off on Tennessee Provides Grant to Electric Coops for Rural Broadband Expansion
Tennessee has granted approximately $15 million in funds to telecom and electric cooperatives for an expansion of rural broadband projects in Tennessee under the Tennessee Broadband Accessibility Act. The grantees have committed to provide approximately $20 million in matching funds for a combined investment of approximately $35 million.
Indiana Cooperative Receiving $10.5 Million Loan
Posted on Mar 7, 2019 in Financing, Grid & Infrastructure, Technology | Comments Off on Indiana Cooperative Receiving $10.5 Million Loan
Southern Indiana Power is receiving a $10.5 million federal loan to build or improve 92 miles of line to enhance system operations for 600 rural consumers. The loan also includes funds for smart grid technologies.
USDA Banks New Investments in Infrastructure and Smart Grid Technology
Posted on Mar 1, 2019 in Grid & Infrastructure | Comments Off on USDA Banks New Investments in Infrastructure and Smart Grid Technology
Earlier this week, the U.S. Department of Agriculture (USDA) announced investments in seven new projects in Arkansas, Florida, Indiana, Oklahoma and South Dakota. The loans, totaling $122 million, will help build and improve electric lines and implement smart grid technologies.
Dairyland Power Cooperative Seeks Approval for Natural Gas Plant
Posted on Jan 9, 2019 in Grid & Infrastructure, Permitting | Comments Off on Dairyland Power Cooperative Seeks Approval for Natural Gas Plant
Dairyland Power Cooperative is seeking approval from Wisconsin Public Service Commission to build a jointly owned natural gas power plant in Superior, Wisconsin. If approved, the 625 MW plant would go online in late 2024.
FEMA Awards $1.28 Million for Hurricane Harvey Repairs
Posted on Nov 29, 2018 in Grid & Infrastructure | Comments Off on FEMA Awards $1.28 Million for Hurricane Harvey Repairs
The Federal Emergency Management Agency (FEMA), through its Public Assistance Program, granted $1.28 million to Texas coop Jackson Electric Cooperative to repair damage caused by Hurricane Harvey.
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...
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