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Home > Press Room > News Releases > Electric Cooperatives Receive Over $215 Million for Smart Grid Investments

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Electric Cooperatives Receive Over $215 Million for Smart Grid Investments

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NOVEC Spotlighted in White House Stimulus Update

Contact:
Tracy Warren
Phone: 703-907-5746
Mobile: 703-517-3411

ARLINGTON, VIRGINIA, October 27, 2009 – President Obama today announced $3.4 billion in grant awards to utilities seeking to invest in the deployment of smart grid infrastructure. Of this total, $215,558,896 will go to more than fifty electric cooperatives and public power districts in 15 states. The Department of Energy awarded 100 grants in all.

“The impressive number of electric cooperatives and public power districts who applied for smart grid investment grants – almost 300 – indicates the tremendous momentum among cooperatives in the push to modernize the nation’s bulk power grid,” said Glenn English, CEO of the National Rural Electric Cooperative Association. “We are extremely proud not only of the number of cooperatives who applied but also of the quality of those proposals,” English said.

Cooperatives lead the industry in the deployment of smart grid infrastructure. According to the Federal Energy Regulatory Commission (FERC), cooperatives’ advanced metering penetration increased from 3.8 percent in 2006 to 16.4 percent in 2008 – well above the industry as a whole. According to research conducted by NRECA, approximately half of cooperatives have installed at least some advanced metering infrastructure (AMI) on their systems, and some 30 percent of cooperatives have begun to integrate their AMI with other systems on their grid.

The DOE awarded grants to a range of cooperative entities, including distribution cooperatives, co-op subsidiaries, generation and transmission cooperatives (who applied jointly with their members), and public power districts.

English congratulated those cooperatives who received funds, commenting: “Cooperatives welcome the challenge of modernizing the nation’s grid.”

The Department of Energy grants are authorized by the American Reinvestment and Recovery Act, also known as the “Economic Stimulus package.” The $3.4 billion will be matched by utility sector funding for a total public-private investment worth over $8 billion. The DOE had originally planned for three rounds of grants; however, the overwhelming response to the first round made two more rounds unnecessary.

 

State Entity Federal funds
AR Woodruff Electric 2,357,520
AZ Southwest Transmission Cooperative, Inc (joint project) 32,244,485
AZ Navajo Tribal Utility Association 4,991,750
FL Talquin Electric Cooperative Inc. 8,100,000
GA Cobb Electric Membership Corp. 16,893,836
GA Tri-State Electric Membership Corp. 1,138,060
GA Georgia System Operations Corporation, Inc. 6,456,501
KS Midwest Energy Inc 712,257
KY South Kentucky Rural Electric Cooperative Corp. 9,538,234
MS South Mississippi Electric Power Association (joint project) 30,563,967
NE Cuming County Public Power District 1,874,994
NE Stanton County Public Power District 397,000
NH New Hampshire Electric Cooperative 15,815,225
OR Pacific Northwest Generating Cooperative (joint project) 19,577,326
PA Wellsboro (owned by Tri-County Rural Electric Cooperative, Inc.) 431,625
SD Sioux Valley Southwestern Electric Cooperative, Inc. 4,016,368
TX Golden Spread Electric Cooperative (joint project) 19,995,000
TX CoServ Electric 17,205,844
VA Rappahannock Electric Cooperative 15,694,097
VA Northern Virginia Electric Cooperative 5,000,000
WY Powder River Energy Corporation 2,554,807
Total 215,558,896

 

The National Rural Electric Cooperative Association is the national service organization that represents the nation’s more than 900 private, not-for-profit, consumer-owned electric cooperatives, which provide service to 42 million people in 47 states.

Documents

Recovery act selections for smart grid investment grant awards - by state

 

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