USDA approves $126 million for four rural electric projects

USDA secretary Tom Vilsack announced that the funds include more than $126 million in loans and grants to upgrade the rural electric infrastructure. The funds also include in excess of $20 million for smart grid.

The department will also support smart grid technology to further enhance energy efficiency and reliability of the rural electric system.

In the states of Colorado, Nebraska, New Mexico and Wyoming will get a loan of about $73 million to upgrade generation and transmission facilities, improve transmission line and build a substation.

The loan amount also includes over $18 million for smart grid projects.

In Georgia and North Carolina states $28 million loan will be used to build 256 miles of distribution line and make system improvements.

An amount of $25,000 is reserved for smart grid projects.

Ohio State will get a loan of $4.5 million to build 32 miles of distribution line and perform system improvements. An amount of $331,100 has been set aside for smart grid projects.

In the states of Texas and New Mexico funds of about $21 million loan will be used to construct 495 miles of distribution line and make system improvements. The loan amount includes $1.4 million for smart grid projects.

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