PCCA Journal|4
th
Quarter 2014
13
POWER NEWS
Continued on page 14
I
n September and October, Agriculture Secretary Tom
Vilsack announced more than $1.9 billion in USDA
loan guarantees to improve the delivery of electric
power to rural communities in 21 states. USDA has
worked with rural electric cooperatives since 1935 to
provide electricity for rural consumers. Through the years,
these investments have delivered new economic and social
opportunities and have enhanced the quality of life in the na-
tion’s rural communities.
USDA has invested nearly $2.5 billion in electric infrastruc-
ture improvements in FY 2014 and almost $31 billion since
2009. In FY 2014 alone, USDA loan guarantees have helped
build or improve 19,000 miles of electric transmission and
distribution lines.
Following are the recipients and projects receiving funding
under the October 16 announcement.
(State, Borrower, Loan Amount, Total Miles)
Colorado
CoBank, $250,000,000
Georgia
Coastal Electric Membership Corp., $23,000,000 - 208 miles
GreyStone Power Corp., $37,073,000 - 81 miles
Habersham Electric Membership Corp., $15,724,000 - 82 miles
Sawnee Electric Membership Corp., $161,456,000 - 809 miles
Georgia, Alabama, Florida
Georgia Systems Operation Corp., $1,200,000 - 26 miles
Georgia Transmission Corp., $104,414,000 - 6 miles
Iowa
Harrison County REC, $4,000,000 - 8 miles
Western Iowa Power Co-op, $7,500,000 - 75 miles
Illinois
Southern Illinois Power Co-op, $10,305,000 - 29 miles
Indiana
Decatur County REMC, $5,000,000 - 49 miles
Kansas
Caney Valley Electric Co-op Assn., Inc., $5,500,000 - 83 miles
Twin Valley Electric Co-op, Inc., $4,400,000
Kentucky
Inter-County ECC, $20,000,000 - 311 miles
Minnesota
Blue Earth Nicollet Faribault Co-op Electric Assn., $18,800,000 -
147 miles
Red River Valley Co-op Power Assn., $8,000,000 - 84 miles
Todd-Wadena Electric Co-op, $9,000,000 - 169 miles
Mississippi
South Mississippi Electric Power Assn., $54,269,000 - 16 miles
Montana
Mid-Yellowstone Electric Co-op, Inc., $5,254,000 - 69 miles
NorVal Electric Co-op, $3,436,000 - 110 miles
North Carolina
Randolph EMC, $24,000,000 - 335 miles
Rockwell Solar, LLC, $3,000,000
Ohio
North Western Electric Co-op, Inc., $3,696,000 - 11 miles
Oklahoma
Caddo Electric Co-op, $32,400,000 - 330 miles
Northeast Oklahoma Electric Co-op, $33,000,000 - 100 miles
Oklahoma & Texas
Southwest Rural Electric Assn., $10,500,000 - 453 miles
South Carolina
Horry Electric Co-op, $51,926,000 - 624 miles
South Dakota
Bon Homme Yankton Electric Assn., Inc., $6,723,000 - 72 miles
Cam Wal Electric Co-op, Inc., $6,074,000 - 124 miles
Kingsbury Electric Co-op, $3,268,000 - 57 miles
South Dakota & Minnesota
East River Electric Power Co-op, Inc., $131,659,000 - 445 miles
Virginia
Shenandoah Valley Electric Co-op, $84,315,000 - 244 miles
National Rural Utilities Cooperative Finance Corp., $250,000,000
Wisconsin
Clark Electric Co-op, $4,800,000
Wyoming
Garland Light & Power Company, $4,110,000 - 18 miles
Following are the loan recipients and projects receiving fund-
ing under the September 9 announcement.
Colorado
Morgan County REA, $10,346,000 - 97 miles
Georgia
Carroll Electric Membership Corporation, $20,607,000 - 441 miles
Tri-County Electric Membership Corporation, $22,955,000 -
302 miles
Illinois
Menard Electric Cooperative, $17,000,000 - 173 miles
Kentucky
USDA Announces Investments in
Rural Electric Infrastructure