Slope Electric gets $12.5M in USDA Rural Development loans
WASHINGTON -- Slope Electric Cooperative in southwest North Dakota has been awarded $12.5 million in U.S. Department of Agriculture Rural Development loans to help improve power lines throughout Adams, Bowman, Hettinger and Slope counties.
The loan will help the electric cooperative, based in New England, improve 66 miles of line. The loan also includes $431,600 for smart grid projects.
The office of Rep. Kevin Cramer, R-N.D., announced the loan. He pointed to his time as a member of the state’s Public Service Commission as understanding how needed the loans are.
“I saw the strain placed on utilities in Western North Dakota as they worked to keep pace with the increased demands by business and residential consumers,” Cramer said in a statement.