U.S. Agriculture Secretary Tom Vilsack has announced that rural electric cooperative utilities in eight states will receive a total of about $25 million in funding to install smart grid technologies; as well as extra funding to make improvements to generation and transmission facilities.
With this award, the USDA has spent more than half of the $250 million that Vilsack pledged last June that would be allotted over the following 12 months, specifically to deploy smart grid technologies in rural America.
The formal funding announcement was made on the Secretary's behalf by Under Secretary for Rural Development Dallas Tonsager during the 2012 National Rural Electric Cooperative Association (NRECA) Annual Meeting in San Diego, March 4-7.The National Rural Electric Cooperative Association is the national service organization that represents America’s more than 900 private, not-for-profit, consumer-owned electric cooperatives, which provide service to 42 million people in 47 states.
“President Obama is taking an all- of-the-above approach to meet our energy challenges by developing new domestic energy sources, expanding oil and gas production, and reducing our overall reliance on oil through fuel efficiencies and renewable energy development,” Vilsack commented, adding, “By supporting electrical system improvements, the Obama Administration is not only improving the reliability of America's electric grid; it's creating jobs and promoting business expansion. These investments in smart grid technologies give rural electric utilities and their consumers one more tool to better manage their use of electricity, improve efficiency, increase reliability of the electric grid, and lower overall costs.” Read more
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