RUS IRA new ERA grant

The U.S. Department of Agriculture's Rural Utilities Service (RUS) awarded a $225,197,849 New Empowering Rural America (New ERA) Project Grant to Core Electric Cooperative, a non-profit electric utility provider in Colorado. The grant, scheduled from December 31, 2024, to December 31, 2026, aims to support the cooperative's efforts in reducing greenhouse gas emissions and enhancing the reliability, resiliency, and affordability of its rural electric system. The New ERA Program provides financial assistance to eligible electric cooperatives to achieve the greatest reductions in greenhouse gas emissions through the transformation of rural electric systems in a way that promotes resiliency, reliability, and affordability for their members. Core Electric Cooperative has also engaged in sub-grant activities, such as a project with the Colorado Department of Transportation involving the installation of a temporary traffic signal, demonstrating its capacity to participate in infrastructure and transportation-related improvement initiatives.