HURON, S.D. – On Nov. 1 U.S. Department of Agriculture (USDA) Rural Development State Director for South Dakota Julie Gross announced USDA is investing $8 million in H-D Electric to make infrastructure improvements. Gross’ announcement is in coordination with U.S. Secretary of Agriculture Sonny Perdue’s recent announcement that the USDA is investing $1.4 billion in projects in 21 states to build and improve rural electric infrastructure.
“Modern and reliable electric infrastructure has been a cornerstone to rural prosperity since the Rural Electrification Act of 1936,” Secretary Perdue said. “This funding we are providing is critical to rural communities and reflects President Trump’s commitment to increasing prosperity across all of rural America. When rural America thrives, all of America thrives.”
USDA is providing financing through the Electric Loan Program. It will help build and improve 6,886 miles of line to strengthen reliability in rural areas. The loans include $255.8 million for investments in smart grid infrastructure that uses digital communications technology to detect and react to local changes in electricity usage.
H-D Electric, headquartered in Clear Lake, S.D., is receiving an $8,072,000 loan that will assist in connecting 146 customers and consumers and build and improve 140 miles of distribution line. The loan includes more than $474,000 in smart grid applications to enhance system resilience and reliability. The project will provide electric service to approximately 3,600 consumers over 1,572 miles of line in South Dakota and Minnesota.
“USDA is committed to infrastructure modernization,” said Gross. “Investments like this are vital to South Dakota’s rural communities as it helps pave the way for economic prosperity.”
USDA announced investments on Nov. 1 in Arkansas, Colorado, Florida, Georgia, Indiana, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, New Mexico, North Carolina, Ohio, Oregon, South Carolina, South Dakota, Tennessee, Texas, Vermont and Wisconsin.