USDA invests $19.4 million to improve, expand electric development in rural Wisconsin

STEVENS POINT, Wis. (WSAW) – The USDA Rural Growth State Director for Wisconsin Julie Lassa introduced Monday the division is investing $19.4 million to assist two electrical cooperatives increase and modernize Wisconsin’s rural electrical grid and improve grid safety.

“These are thrilling, long-term infrastructure investments that can assist rural electrical cooperatives and utilities construct and enhance their programs,” mentioned Lassa. “In the end, this funding will strengthen alternatives in our rural communities whereas making the electrical infrastructure extra dependable and reasonably priced for the residents and companies who rely upon it.”

Some examples of how the funding will likely be utilized in Wisconsin embrace Oconto Electrical Cooperative receiving a $12.9 million mortgage to attach 614 shoppers and construct and enhance 157 miles of line. Moreover, Chippewa Valley Electrical Cooperative is receiving a $6.5 million mortgage to attach 573 shoppers and construct and enhance 75 miles of line.

The USDA is investing in 64 whole initiatives via the Electrical Mortgage Program. This funding will profit practically 2 million rural individuals and companies throughout 26 states. The loans embrace $613 million to assist rural utilities and cooperatives set up and improve good grid applied sciences.

For extra info on rural improvement within the state, click on right here.

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