This is an excerpt from EERE Network News, a weekly electronic newsletter.

November 07, 2012

USDA Announces $3 Million in Smart Grid Funding

The U.S. Department of Agriculture on October 19 announced $107.5 million in loan guarantees to modernize and improve rural electric systems, including nearly $3 million in Smart Grid technologies in North Dakota and Wisconsin.

According to a 2009 Energy Department report that examined Smart Grid deployment nationwide, Smart Grids have the potential to dramatically change how we manage electricity use in the United States. In August, the USDA reported that it had met its goal to finance $250 million in Smart Grid technologies in fiscal year 2012. See the USDA press release.