The federal Project Grant award of $431,395,785.00 was provided by the U.S. Department of Agriculture Rural Utilities Service (RUS) under the New Empowering Rural America (New ERA) Program (CFDA 10.758). The grant is intended to assist the Arizona Electric Power Cooperative Inc. in reducing greenhouse gas emissions while enhancing the resiliency, reliability, and affordability of their rural electric system. The two-year project, with an award date of January 10, 2025 and ultimate completion date of January 10, 2027, will fund a range of clean energy initiatives, including energy efficiency improvements, renewable energy deployment, zero-emission systems, and carbon capture storage projects. The grant aims to modernize and transform the rural electric infrastructure through the provision of financial support for eligible entities to undertake these clean energy projects.
Generated 3/4/25, 3:53 AM