USDA Rural Development announced they are investing nearly 42 million dollars to build and improve critical electric infrastructure. The funding is made possible through the Electric Loan Program and will benefit more than 77,000 rural residents and commercial customers in Missouri, Iowa, and Nebraska.
In the local area, N.W. Electric Power Cooperative in Cameron will use a loan of more than 35 million dollars to improve 27 miles of electric line. The cooperative is responsible for maintaining 130 substations and approximately 18,000 miles of transmission line and delivers wholesale power to seven distribution cooperatives, including Farmers Electric Cooperative, Grundy Electric Cooperative, and North Central Missouri Electric Cooperative in the area. This funding will be used to better its overall electric transmission system, which will in turn positively benefit more than 74,000 end retail users in northwest Missouri, southwest Iowa, and southeast Nebraska.