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USDA Announces New Funding for Rural Smart Grid Technologies

Posted Oct 10 2012 3:00am
EERE » News »

The U.S. Department of Agriculture (USDA) on October 4 announced new funding to modernize and improve the efficiency of rural electric generation and transmission systems. The announcement includes support for $9.8 million in loan guarantees for Smart Grid technologies in 10 states. The funds will go to entities in Alabama, Arkansas, Georgia, Kansas, New Mexico, North Carolina, North Dakota, Ohio, Texas, and Virginia. See the USDA press release .

Last month, the USDA announced that it had met its goal to finance $250 million in smart grid technologies in fiscal year 2012. In 2009, the Energy Department released the first Smart Grid System Report, which examined Smart Grid deployment nationwide. The report noted that Smart Grids have the potential to dramatically change how we manage electricity use in the United States. See the July 22, 2009 edition of the Energy Efficiency and Renewable Energy Network News newsletter.

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