Washington, DC – U.S. Senator Tim Johnson (D-SD) announced today that the United States Department of Agriculture will provide the Codington-Clark Electric Cooperative, Inc. with a $9 million low interest loan to improve electric infrastructure. The funding will be used to improve 87 miles of distribution line and make other system improvements, including smart grid projects.
“This funding for the Codington-Clark Electric Cooperative will help modernize the energy system in the area and enable them to respond to outages more quickly. This means better reliability and lower costs for consumers,” said Johnson. “Investments like this from the USDA are important to improving infrastructure in rural states like South Dakota.”
Smart grid references enhanced technologies designed to improve the reliability of the electricity system, empower consumers with better information to control energy use and allow utilities to optimize generation and transmission of electricity nationally in order to reduce energy demand.
The USDA Rural Utilities Service Electric Loan Program provides funding for electric utilities to upgrade, expand, maintain and replace electric infrastructure. As a member of the Senate Appropriations Committee, Senator Johnson has been strong supporter of this program, which helps rural electric cooperatives deliver affordable electricity to customers across broad areas of the country.