Biden-Harris Administration Invests $2.7 Billion to Improve and Expand Rural Electric Infrastructure

USDA Rural Development sent this bulletin at 01/30/2023 11:12 AM EST

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US Department of Agriculture Rural Development - Together America Prospers

NEWS RELEASE

Biden-Harris Administration Invests $2.7 Billion to Improve and Expand Rural Electric Infrastructure

Funding Includes $613 Million to Improve Grid Security and Reliability

WASHINGTON, Jan. 30, 2023 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced the Department is investing $2.7 billion to help 64 electric cooperatives and utilities expand and modernize the nation’s rural electric grid and increase grid security.

“These critical investments will benefit rural people and businesses in many ways for decades to come,” Vilsack said. “This funding will help rural cooperatives and utilities invest in changes that make our energy more efficient, more reliable, and more affordable. Investing in infrastructure – roads, bridges, broadband and energy – supports good-paying jobs and keeps the United States poised to lead the global economy.”

To learn more, read the full news release.

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