News
Spotlight
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Electric Program Welcomes James R. Newby as Assistant Administrator: Read Mr. Newby's bio.
Electric Program publishes Final
Rule for Electric System Emergency Restoration Plan (7 CFR 1730):
See Federal Register
Issuances page.
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Welcome to the
Rural Development Electric Program
Providing reliable, affordable electricity
is essential to the economic well-being and quality of life for
all of the nation's rural residents. The Electric Program
of USDA's Rural Utilities Service (RUS) provides leadership
and capital to upgrade, expand, maintain, and replace America's
vast rural electric infrastructure. Under the authority of the
Rural Electrification Act of 1936, RUS makes direct loans and
loan guarantees to electric utilities to serve customers in rural
areas. Through RUS, the federal government is the majority noteholder
for more than 700 electric systems.
The Electric Program makes loans and loan
guarantees to finance the construction of electric distribution,
transmission and generation facilities, including system improvements
and replacement required to furnish and improve electric service
in rural areas, and for demand side management, energy conservation
programs, and on-grid and off-grid renewable energy systems.
RUS makes loans to corporations, states,
territories and subdivisions and agencies such as municipalities,
people's utility districts, and cooperative, nonprofit,
limited-dividend, or mutual associations that provide retail electric
service needs to rural areas or supply the power needs of distribution
borrowers in rural areas. RUS also provides financial assistance
to rural communities with extremely high energy costs to acquire,
construct, extend, upgrade, and otherwise improve energy generation,
transmission, or distribution facilities. RUS services approximately
686 active electric borrowers in 47 states.
Visit Page 2 for
additional links and descriptions of some of our pages.
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