PCCA Journal 2nd Quarter 2014 - page 41

PCCA Journal|2
nd
Quarter 2014
41
POWER NEWS
Continued on page 42
Rural Electric Utility Loan Recipients, May 2014
Arkansas, Oklahoma, and Texas
Southwest Arkansas Electric Cooperative Corporation - $35
million. Funds will be used to serve more than 1,900 cus-
tomers, build or improve 438 miles of line and make other
system improvements.
Arkansas
C & L Electric Cooperative Corporation - $32.6 million.
Funds will be used to serve about 2,600 consumers, build or
improve 384 miles of line and make other system improve-
ments.
Georgia
Canoochee Electric Membership Corporation - $19 mil-
lion. Funds will be used to serve 1,800 consumers, build or
improve 130 miles of line and make other system improve-
ments.
Indiana
Southern Indiana Rural Electric Cooperative, Inc. - $8.5
million. Funds will be used to serve 400 customers, build
or improve 119 miles of distribution line and make other
system improvements.
Orange County Rural Electric Membership Corporation -
$6.5 million. Funds will be used to serve 400 customers,
build or improve 45 miles of distribution line and make
other system improvements.
USDA Announces Electric
System Improvements in 18 States
A
griculture Secretary Tom Vilsack on May 6
announced funding for projects in 18 states
to improve electric service to business and
residential consumers in rural areas. The
$540 million in loan guarantees to fund
these projects are made available through the U.S. Depart-
ment of Agriculture’s rural utilities program. They include
more than $35 million for smart grid projects to improve
rural electric system communications technology.
“Electric reliability is a critical component of the success of
our rural economy. Today’s loans will help continue to ensure
the safety, reliability and affordability of electric service in
rural areas,” Vilsack said.
Awards for the 2014 rural electric loan recipients are
contingent upon the recipients meeting the terms of the loan
agreement.
Louisiana
Dixie EMC – $200 million. Funds will be used to serve
almost 10,000 customers, build, or improve 642 miles of line
and make other system improvements.
Maine
Fox Islands Electric Cooperative, Inc. - $593,000. Funds will
be used to improve 9 miles of line and make other system
improvements.
Michigan
Alger-Delta Cooperative Electric Association - $7 mil-
lion. Funds will be used to serve 440 consumers, build or
improve 108 miles of line and make other system improve-
ments. The loan includes $70,000 for smart grid projects
and $175,000 for service to Native Americans.
Missouri
Lewis County Rural Electric Cooperative Association - $7.2
million. Funds will be used to serve 260 customers, build or
improve 47 miles of line, and make other system improve-
ments.
Three Rivers Electric Cooperative - $15 million. Funds will
be used to serve over 1,000 customers, build or improve 132
miles of line and make other system improvements.
Missouri, Iowa
Northeast Missouri Electric Power Cooperative - $7 million.
Funds will be used to build one substation and make other
system improvements.
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