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Rural electrical cooperatives in the United States have come a long way from being labeled “anti-American,” now securing US$7.3 billion in clean energy investments from the Biden-Harris administration to create jobs, cut emissions, and lower costs.
“The reality is the savings to our members will be more than US$130 million,” said Brent Ridge, president and CEO of the Wisconsin-based Dairyland Power Cooperative, which stands to receive $580 million to develop and purchase solar power, wind power, and energy storage.
President Joe Biden made the announcement during an early September visit to Wisconsin. The funding—which is available through the Empowering Rural America (New ERA) program established under the 2022 Inflation Reduction Act—will go to 16 recipients over 23 states. It’s meant to leverage more than $29 billion in private investments, the Indiana Capital Chronicle reports.
Read the full post at The Energy Mix.
