Jonathan Adelstein, USDA Rural Development Rural Utilities Administrator joined Colorado Rural Development Director Jim Isgar and representatives from Colorado’s congressional delegation for a ceremonial presentation at Poudre Valley Rural Electric Association, Inc. in Windsor, Colorado.
The entity was recently awarded a $43 million Rural Electric Loan to connect 2,069 new consumers while building 54 miles of new distribution line. The funding is a win-win project for the co-op, the consumers are helped by offering a better and more reliable product and the co-op will be able to increase efficiency. The loan will allow the entity to make improvements to 186 miles of distribution lines. The project also includes $6.7 million in smart grid technologies, which will be used for technology, such as advanced metering and can provide data to consumers and utilities to better manage power use and costs.