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$18million from USDA to fund rural America's Smart Grid

25 Jul 2013
The U.S. Department of Agriculture (USDA) has announced a $188million loan to go towards upgrading the rural electric infrastructure, of which $18 million will be pushed into funding smart grid projects across the country.

USDA’s Agriculture Secretary, Tom Vilsack said the project is part of a “strategy to support development of energy from a variety of renewable resources. USDA’s support of rural electric utilities’ deployment of smart grid technologies will increase efficiencies, reliability, and bring more jobs to rural America.”

Smart grid technology is a tool by which to increase efficiency and reliability of the rural electric system, and the announced funding will directly help finance construction of more than 1,000 miles of new or improved electric line.