USDA gives funding to local co-ops
Two area cooperatives will receive a chunk of the
$2.5 billion that the U.S. Department of Agriculture will invest in rural elec-
tric infrastructure improvements to help create jobs and support economic development in 27 states.
Bedford Rural Electric Co-op, which provides electric service to the rural areas of Bedford County and portions of Fulton and Somerset counties, will receive $6 million in Rural Development funds to be used to build 13 miles and improve 46 miles of line and make other system improvements. The loan includes $660,000 for smart grid projects.
REA Energy Cooperative Inc., which serves more than 22,000 members in Armstrong, Blair, Cambria, Clearfield, Indiana, Jefferson and Westmoreland counties, will receive $6.5 million in Rural Development funds to be used to build 28 miles and improve 998 miles of line and make other system improvements. The loan includes $351,400 for smart grid
projects.
COMMENTS