Biden-Harris Administration Partners with Electric Cooperatives to Bring Affordable Clean Energy to Rural Coloradans as Part of Investing in America Agenda

Funding Will Help Reduce Electricity Costs and Spur Growth for Rural Communities Through the USDA Powering Affordable Clean Energy Program

FORT COLLINS, Colo., June 17, 2024 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced that USDA is making new clean energy investments in Colorado through the Powering Affordable Clean Energy (PACE) program as part of President Biden’s Investing in America Agenda. The selected applications total more than $81 million in partially forgivable loans from the Inflation Reduction Act—the largest investment in climate and rural clean energy in history— to partner with rural communities to deliver clean, affordable energy to rural Coloradans.

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