10.850: Rural Electrification Loans and Loan Guarantees
Alternate Name: Electric Loans and Loan Guarantees
Overview
Program Number
10.850
Status
Active
Last Modified
Sept. 1, 2022
Date Posted
Sept. 1, 2022
Objective
To assure that people in eligible rural areas have access to electric services comparable in reliability and quality to the rest of the Nation and to assist borrowers in implementation of demand-side management, energy efficiency and conservation programs and on-grid and off-grid renewable energy systems.
Type of Assistance
F - Guaranteed/Insured Loans
Applicant Eligibility
Rural electric cooperatives, public utility districts, municipalities, corporations, and other qualified power suppliers including those located in the U.S. Territories, the Federated States of Micronesia, the Republic of the Marshall Islands, and the Republic of Palau.
Beneficiary Eligibility
Persons, businesses, public bodies, tribal entities, and other entities in rural areas (as defined in program regulations) or those currently served through RUS electric loans. . Rural areas are defined in the Rural Electrification Act and program regulations as any area of the United States, or eligible insular areas, other than a city, town, or unincorporated area that has a population of greater than 20,000 inhabitants, or any area within a service area of an entity with an outstanding Rural Electrification Act loan on June 18, 2008.
Related Programs
Additional Information
Grant Awards
Rural Electrification Loans and Loan Guarantees direct grants
Grant Opportunities