USDA invests $485M into smart grid upgrades, rural electric infrastructure
The U.S. Department of Agriculture (USDA) plans to invest $485 million through its electric loan program to upgrade rural electric systems throughout the United States and establish smart grid improvements.
Investments will be made into Georgia, Illinois, Iowa, Michigan, Minnesota, Mississippi, Missouri, New Mexico, North Carolina, North Dakota, South Dakota, Texas, and Wisconsin. The USDA estimates this will help build or improve around 2,635 miles of electric lines. These include efforts such as $24.8 million for building and improvement of 360 miles of line in South Dakota, as well as $72 million for electric distribution and transmission facilities in Missouri.
“Under the leadership of Agriculture Secretary Perdue, USDA is a proud partner to utilities and cooperatives delivering reliable, affordable power to rural communities,” Joel Baxley, Acting Assistant to the Secretary for Rural Development, said. “These loans will enhance rural economic development and help improve the quality of life for people who live and work in rural America.”
While lines are being improved or services established, the money will also go toward incorporation of smart grid technologies like computer applications and geospatial information systems.
