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PCCA Journal|2

nd

Quarter 2010

12

Agriculture Department

Announces Rural Electric Projects

O

n March 2, Agriculture Secretary Tom

Vilsack announced that 29 rural utilities

and cooperatives in 16 states were selected

to receive loans and loan guarantees to

build and repair more than 5,600 miles of

distribution and transmission lines and

make system improvements that will benefit more than

55,000 rural customers.

The funding is being provided under USDA Rural

Development’s Electric Loan Program. It may be used

to expand or improve electric service, support renew-

able energy efforts, and establish energy conservation

programs.

“Reliable electric service is a key to economic growth

and development, and the funding that I am announc-

ing today will help many rural utilities improve service

to their customers and owner-members,” Vilsack said.

“These investments are a critical part of the Obama

administration’s actions to develop the infrastructure

and build the economy of rural communities.”

Below is a complete list of the borrowers. Funding

of each loan recipient is contingent upon the recipient

meeting the conditions of the loan agreement.

Alabama, Baldwin County Electric Membership Corporation, $42,950,000

Alaska, Kodiak Electric Association, Inc., $10,600,000

Arizona, Mohave Electric Cooperative Inc., $28,075,000

Arkansas, Petit Jean Electric Cooperative Corporation, $10,589,000

Arkansas, Carroll Electric Cooperative Corporation, $43,413,000

Colorado, Morgan County Rural Electric Association, $6,823,000

Georgia, Coastal Electric Membership Corporation, $18,000,000

Georgia, Washington Electric Membership Corporation, $13,346,000

Georgia, Sumter Electric Membership Corporation, $10,000,000

Iowa, Butler County Rural Electric Cooperative, $12,700,000

Iowa, Grundy County Rural Electric Cooperative, $732,000

Minnesota, Lyon-Lincoln Electric Cooperative, $4,483,000

Missouri, White River Valley Electric Cooperative, $51,427,000

Missouri, Farmers Electric Cooperative, $9,500,000

Missouri, Howard Electric Cooperative, $5,249,000

Montana, Ravalli County Electric Cooperative, Inc., $6,100,000

New Mexico, Jemez Mountains Electric Cooperative, Inc., $28,983,000

New Mexico, Farmers’Electric Cooperative, Inc., $28,101,000

North Carolina, Energy United Electric Membership Corporation, $69,000,000

North Carolina, Halifax Electric Membership Corporation, $6,500,000

North Dakota, Capital Electric Cooperative, Inc., $15,000,000

North Dakota, Northern Plains Electric Cooperative, $17,000,000

North Dakota, Mountrail-Williams Electric Cooperative, $30,000,000

Ohio, NorthWestern Electric Cooperative, $4,750,000

Texas, Karnes Electric Cooperative, Inc., $6,718,000

Texas, Houston County Electric Cooperative, $11,940,000

Texas, Greenbelt Electric Cooperative, Inc., $2,990,000

Texas, Central Texas Electric Cooperative, $34,000,000

Wyoming, Wheatland Rural Electric Association, $4,255,000

RDUP News

Continued from page 11