Since 2009, the US Department of Agriculture has funded 650 rural electric utility projects with a total of $834 million, providing electricity to 8.6 million rural American consumers every year. This excludes another $500 million spent on smart grid technology since 2011.
In a recent announcement, Agriculture Secretary Tom Vilsack said the department will be financing four more rural projects with approximately $126 million, including just over $19 million for smart grid projects.
The funding will be spent on upgrading generation and transmission facilities, distribution lines and other system improvements.
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