Biden Administration Announces $11 Billion Investment in Clean Energy for Rural America

The funding comes from the Inflation Reduction Act and aims to provide affordable clean energy to vulnerable, disadvantaged, and Indigenous communities.
Rural electric cooperatives, renewable energy companies, and electric utilities can apply for funding through two programs.
The Empowering Rural America program will make $9.7 billion available for rural electric cooperatives to create renewable energy, zero-emission, and carbon capture systems.
The Powering Affordable Clean Energy program will make $1 billion available in partially-forgivable loans for renewable energy companies and electric utilities to help finance renewable energy projects.
The funding is described as the biggest investment in rural electrification since 1936.