The U.S. Department of Agriculture Rural Utilities Service (RUS) awarded a $2,363,673 Project Grant under the New Empowering Rural America (New ERA) Program (CFDA 10.758) to Inside Passage Electric Cooperative, Inc. in Juneau, Alaska. The grant, with a period of performance from January 14, 2025 to January 14, 2027, will support the cooperative's efforts to reduce greenhouse gas emissions and enhance the resiliency, reliability, and affordability of the rural electric system. The funding will enable a range of clean energy initiatives, such as energy efficiency improvements, renewable energy deployment, zero-emission systems, and carbon capture storage projects. The grant is structured as a combination loan-grant package, with a 2% interest loan component.
Generated 3/4/25, 4:03 AM