Agriculture Department releases funding for rural electric power projects

Agriculture Secretary Tom Vilsack announced funding for rural electric projects in 16 states to provide electric power for rural residents. Since 2011, rural electric cooperatives have used USDA funding to invest nearly $560 million in smart grid improvements.

The funding includes more than $356 million in loans to upgrade rural electric services, including more than $15 million in smart grid funding. The funding announced will help finance the construction of more than 2,400 miles of new or improved electric transmission and distribution line.

USDA's support for rural electric power utilities benefits more than 8.5 million rural electric consumers annually. Smart grid technology further increases the efficiency and reliability of the rural electric system.

One of the utilities that will receive funding is Western Farmers Electric Cooperative Inc., in Anadarko, Oklahoma. It was selected to receive an $82.4 million guaranteed loan to build or improve 78 miles of transmission line, two substations, and make other system improvements. Additionally, the loan includes $4.5 million for smart grid projects. The funding will benefit customers in Oklahoma, Kansas, New Mexico and Texas.

Projects planned by Beltrami Electric Cooperative Association in Minnesota, Butte Electric Cooperative in South Dakota and Benton Rural Electric Association in Washington include funding for electric service improvements in Native American communities.

The following is a complete list of rural electric utilities that will receive USDA funding, contingent upon the recipient meeting the terms of the loan agreement.

Arkansas and Louisiana

Ashley-Chicot Electric Cooperative Inc. — $6,891,000. Funds will be used to serve 569 customers, build 83 miles of distribution line and make other system improvements.

Florida

Sumter Electric Cooperative Inc. — $30,000,000. Funds will be used to serve 3,400 customers, build 209 miles of distribution line and make other system improvements.

Georgia

Flint Electric Membership Corp. — $48,301,000. Funds will be used to serve 4,757 customers, build 438 miles of distribution line and make other system improvements.

Irwin Electric Membership Corp. — $25,000,000. Funds will be used to serve 1,693 customers, build 581 miles of distribution line and make other system improvements.

Indiana

Dubois Rural Electric Cooperative Inc. — $4,000,000. Funds will be used to serve 600 customers, build 100 miles of distribution line and make other system improvements. The loan includes $121,800 for smart grid projects.

Iowa

Butler County Rural Electric Cooperative — $2,500,000. Funds will be used to serve 48 customers, build 15 miles of distribution line and make other system improvements. The loan includes $20,000 for smart grid projects.

Kentucky

Fleming-Mason Energy Cooperative Inc. — $12,380,000. Funds will be used to serve 1,100 customers, build 249 miles of distribution line and make other system improvements. The loan includes $2,330,500 for smart grid projects.

Minnesota

Beltrami Electric Cooperative Inc. — $23,070,000. Funds will be used to serve 1,262 customers, build 154 miles of distribution line and make other system improvements. The loan includes $1,154, 611 for smart grid projects and $5,753,582 for improved service to Native American communities.

The Cooperative Light & Power Association of Lake County — $7,725,000. Funds will be used to serve 357 customers, build 77 miles of distribution line and make other system improvements. The loan includes $1,170,750 for smart grid projects.

Redwood Electric Cooperative — $6,000,000. Funds will be used to serve 81 customers, build 49 miles of distribution line and make other system improvements. The loan amount includes $38,000 for smart grid projects.

North Carolina

South River Electric Membership Corp. — $30,000,000. Funds will be used to serve 3,754 customers, build 335 miles of distribution line and make other system improvements. The loan includes $300,000 for smart grid projects.

North Dakota and Minnesota

Minnkota Power Cooperative Inc. — $54,522,000. Funds will be used to build 104 miles of transmission line, a new substation, nine switching stations and make other system improvements. The loan includes $4,685,000 for smart grid projects.

Oklahoma, Kansas, New Mexico and Texas

Western Farmers Electric Cooperative Inc. — $82,438,000. Funds will be used to build and improve 78 miles of transmission line, two new substations and make other system improvements. The loan includes $4,559,000 for smart grid projects.

South Dakota

Butte Electric Cooperative Inc. — $14,738,000. Funds will be used to serve 665 customers, build 82 miles of distribution line and make other system improvements. The loan includes $879,535 for smart grid projects and $329,000 for service to 118 Native Americans.

Washington

Benton Rural Electric Association — $9,293,000. Funds will be used to serve 626 customers, build 19 miles of distribution line and make other system improvements. The loan includes $216,000 for service to 350 Native Americans.

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