Dive Summary:
- Agriculture Secretary Tom Vilsack announced an $8 million investment in smart grid technology as part of the government's initiative to improve the service in rural areas around the country.
- Electric cooperative in rural areas of 12 states will receive funds to improve generation and transmission facilities while they implement smart grid technologies.
- The $8 million smart grid investment is also part of $330 million in loan guarantees that were announced today to help utilities of any kind improve their service.
From the article:
The announcement was made by the USDA Rural Utilities Acting Administrator John Padalino on Vilsack’s behalf. He made the announcement during the annual meeting of the National Rural Electric Cooperative Association in New Orleans. ...