President Biden announced a $7.3B investment for rural electric cooperatives in 23 states as part of Inflation Reduction Act.

President Biden announced a $7.3 billion investment for 16 rural electric cooperatives across 23 states during his visit to Westby, Wisconsin. This funding, part of the Inflation Reduction Act, aims to enhance electricity access and reduce internet costs in rural areas. It represents the largest rural electrification investment since the New Deal, expected to create 4,500 permanent and 16,000 construction jobs, while supporting clean energy initiatives.

September 05, 2024
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