Biden administration announces nearly $11 billion for renewable energy in rural communities

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Biden administration announces nearly $11 billion for renewable energy in rural communities
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It is touted as the largest single federal investment in rural electrification since the Rural Electrification Act in 1936 as part of the New Deal.

Vilsack said it was the largest single federal investment in rural electrification since President Franklin D. Roosevelt signed the Rural Electrification Act in 1936 as part of the New Deal.

The Empowering Rural America program will make $9.7 billion available for rural electric cooperatives to create renewable energy, zero-emission and carbon capture systems. “This is an exciting and transformative opportunity for co-ops and their local communities, particularly as we look toward a future that depends on electricity to power more of the economy,” Matheson said. “USDA has smartly structured this program in a way that will help electric co-ops leverage new tools to reduce costs and keep energy affordable while meeting the future energy needs of their rural communities.

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