WASHINGTON, D.C. - Acting Assistant to the Secretary for Rural Development Joel Baxley announced that USDA is investing $485 million to upgrade rural electric systems and reduce energy costs.

USDA is providing financing through the Electric Loan Program to improve rural electric infrastructure in 13 states, including Georgia, Illinois, Iowa, Michigan, Minnesota, Mississippi, Missouri, New Mexico, North Carolina, North Dakota, South Dakota, Texas and Wisconsin, the press release said.

These investments will help build or improve 2,635 miles of electricity line and incorporate smart grid technologies in electric systems.

Source: USDA