USDA Rural Development Indiana invests $91 Million to Improve and Expand Rural Electric Infrastructures in Indiana

INDIANAPOLIS, Jan. 30, 2023 – U.S. Department of Agriculture (USDA) Rural Development Indiana State Director Dr. Terry Goodin announced today the USDA is investing $91 Million to help four electric cooperatives and utilities expand and modernize the Indiana’s rural electric grid and increase grid security.

“Investments like the Electric Loan Program benefits rural Hoosiers, people and businesses, for years to come,” Goodin said. “This funding will help Hoosier rural cooperatives and utilities invest in changes that make energy more efficient, more reliable, and more affordable. Additionally, funding these areas will improve Indiana infrastructure and bring good-paying jobs to Indiana.”