USDA Invests $15 Million to Improve and Modernize Rural Electric Infrastructure in Rural Missouri

.U.S. Department of Agriculture (USDA) Rural Development Missouri Acting State Director D Clark Thomas announced the agency is investing $15 million to build and improve electric infrastructure in Missouri through its Electric Loan Program. Intercounty Electric Cooperative Association, headquartered in Rolla, Mo., serves approximately 30,000 customers through 5,700 miles of electric line in nine Missouri counties. Intercounty will use a $15 million loan to improve electric infrastructure by connecting 1,955 consumers and building and improving 136 miles of line. The investment also includes $432,000 in smart grid technologies, which uses digital communications technology to detect and react to local changes in electricity usage.

Today’s announcement came as part of a larger statement from Agriculture Secretary Vilsack in which he said USDA is investing $598 million in rural electric loans to build or improve electric infrastructure in 11 states. USDA’s Electric Loan Program helps finance wind, solar and natural gas plants, as well as improvements to produce clean energy from coal-fired plants. Local utilities also use the loans to invest in infrastructure to deliver affordable power to millions of residential, commercial and agricultural consumers.

Under the Biden-Harris administration, USDA Rural Development provides loans and grants to help expand economic opportunities, create jobs and improve the quality of life for millions of Americans in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety, and health care; and high-speed internet access in rural, Tribal and high-poverty areas. Contact USDA Rural Development

Information on programs available through USDA Rural Development is available by visiting www.rd.usda.gov/mo, by calling (573) 876-0976, or by emailing RDMissouri@usda.gov.

USDA Rural Development has 25 offices across the state to serve the 2.2 million residents living in rural Missouri. Office locations include a state office in Columbia, along with local offices in Butler, Charleston, Chillicothe, Clinton, Dexter, Eldon, Farmington, Higginsville, Houston, Kennett, Kirksville, Maryville, Mexico, Moberly, Neosho, New London, Poplar Bluff, Richmond, Rolla, Sedalia, Springfield, St. Joseph, Troy, and West Plains.

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