WDIO: Rural energy cooperatives in the running for funding for clean energy projects
28 Sep 2023
News
In May, USDA made $9.7 billion available under the New ERA program for member-owned rural electric cooperatives to help rural Americans benefit from clean, affordable and reliable energy.
Rural electric cooperatives are the backbone of America’s power delivery, and this funding represents the largest increase in investment in rural America’s electric system since President Franklin Delano Roosevelt signed the Rural Electrification Act into law in 1936.
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Electric cooperatives flooded the U.S. Department of Agriculture with interest in a new $9.7 billion clean energy program, submitting proposals for hundreds of projects that would require at least twice that amount and launch $93 billion in new investment across rural America.USDA announced on Sept. 27 that it had received...
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