HEA included in investment for rural electric infrastructure

The United States Department of Agriculture is investing $1.6 billion to build or improve rural electric infrastructure in 21 states, as announced by the Trump Administration Monday, June 22.

Funding includes nearly $386 million for smart grid improvements, which uses digital communications to detect and react to local changes in electricity usage.

“Reliable and modern 21st century infrastructure, including electric infrastructure and smart grid technologies, is a cornerstone for prosperity in rural America,” Secretary of Agriculture Sonny Perdue said. “Under the leadership of President Trump, USDA is committed to being a strong partner to rural communities in building their futures.”

USDA is providing loans and loan guarantees to rural electric cooperatives and utilities through the Electric Loan Program. Recipients will use the funds to build and improve 9,138 miles of electric transmission and distribution line, benefitting 1 million rural residents and businesses.  

Colorado is one of 21 states targetted in the June 22 investment announcement.

As an example, Highline Electric Association, based in Holyoke, is receiving a $39 million loan to connect 402 consumers, and build and improve 262 miles of line. The loan includes $11.4 million in smart grid technologies.

HEA General Manager Dennis Herman noted that this is the latest loan approval through the USDA Rural Utilities Services.

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