USDA Loans for Jump River Electric

posted Nov 6, 2019, 4:37 AM by Michael Duncan

Wednesday, November 6, 2019 - The U.S. Department of Agriculture is investing $1.4 billion in projects in 21 states, including Northwest Wisconsin, to build and improve rural electric infrastructure.  The funding USDA is providing is essential to rural Wisconsin and reflects USDA's commitment to invest in critical infrastructure needs in rural communities. The  Jump River Electric Cooperative is receiving a $11 million loan to connect 461 customers and build and improve 133 miles of distribution line to enhance system resilience and reliability. This loan includes nearly $1.5 million for smart grid technologies. Jump River is headquartered in Ladysmith and serves more than 9,000 members with over 1,769 miles of energized line. 

Comments