U.S. Department of Agriculture Rural Development Kentucky State Director Hilda Legg today announced the USDA is investing $40 million to upgrade rural electric systems including $14.5 million for smart grid technology.
“I applaud Salt River and Taylor County Rural Electric Co-ops for their dedication to implementing and expanding smart grid technology,” said Legg. “This technology uses last mile broadband connectivity to benefit both service providers and customers.”
Salt River Rural Electric Cooperative Corporation
This $30 million loan will be used to build 212 miles of new line to serve over 5,000 customers and improve 112 miles to enhance system resilience and reliability. This loan includes $12.7 million in smart grid improvements. Salt River RECC serves more than 51,000 customers across nearly 4,300 miles of line in 10 counties in central Kentucky.
Taylor County Rural Electric Cooperative Corporation
This $10 million loan will be used to build and improve 84 miles of line to serve 1,140 customers. This loan includes $1.8 million in smart grid technologies to increase system efficiencies and security. Taylor County RECC serves 26,251 customers across 3,285 miles of line in nine Kentucky counties.
“Thanks to the leadership of President Trump and Agriculture Secretary Perdue,” said Legg, “USDA Rural Development remains a strong partner to rural communities in improving and expanding electric and broadband infrastructure in rural communities.”
USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov.