Missouri co-ops to get $237M in federal loans
MISSOURI - Five Missouri-based electric cooperatives are receiving a total of more than $237 million in federal loans to make improvements.
The money from the U.S. Department of Agriculture will go to build or repair electric distribution lines and to finance energy conservation or renewable energy systems.
About $200 million will go to Springfield-based Associated Electric Cooperative, which serves customers in Missouri, Oklahoma and Iowa.
Nearly $19 million will go to United Electric Cooperatives, based in Savannah.
West Central Electric Cooperative, based in Higginsville, will get nearly $13 million.
Sac Osage Electric Cooperative, based in El Dorado Springs, will receive $5.5 million.
Related News
U.S. renewable electricity surpassed coal in 2022
WASHINGTON - Electricity generated from renewables surpassed coal in the United States for the first time in 2022, the U.S. Energy Information Administration has announced.
Renewables also surpassed nuclear generation in 2022 after first doing so last year.
Growth in wind and solar significantly drove the increase in renewable energy and contributed 14% of the electricity produced domestically in 2022. Hydropower contributed 6%, and biomass and geothermal sources generated less than 1%.
“I’m happy to see we’ve crossed that threshold, but that is only a step in what has to be a very rapid and much cheaper journey,” said Stephen Porder, a professor…