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FORECASTED: Affordable Rural Cooperative (ARC) Energy Program

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The Affordable Rural Cooperative (ARC) Energy Program, administered directly by the federal government through the Department of Agriculture, provides competitive discretionary grants and loans to electric cooperatives. The program is designed to enhance the resilience, reliability, and affordability of rural electric systems by funding projects focused on nuclear energy and transmission efficiency. Eligible activities include the construction, improvement, or purchase of land and facilities for nuclear energy production and distribution, as well as the development of linear transmission facilities required to operate new generation sites or export energy. Additionally, funds may be used to acquire new, existing, or re-energized nuclear power facilities and for select reimbursements. The program currently holds a pending status as it awaits additional information.

General Info

USDA provides grants and loans to electric cooperatives for nuclear energy and transmission.

Agency

Department of Agriculture

NAICS

221113 - Nuclear Electric Power Generation

Place of Performance

Not specified

Set-Aside

NONE

Documents

0

No documents available

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Organization & Contact Information

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AgencyDepartment of Agriculture
ContactsNo contacts available
OfficeWY, USA
Organization / AgencyDepartment of Agriculture
Office AddressWY, USA
ContactsNo contact information available

Full Description

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This program provides loans and grants to electric cooperatives for nuclear energy and transmission efficiency projects serving rural areas. It aims to strengthen resilience, reliability, and affordability of rural electric systems.
Eligible uses: Funds may be used to construct, improve, or purchase facilities, buildings, or land used for nuclear energy production or distribution; construct or improve linear facilities (transmission lines) needed to operate new generation facilities, receive new power supply, or export energy; purchase all or part of a new, existing, or re-energized nuclear power facility; and other projects. Funds may also be used for select reimbursements.
Program administrator: Direct federal
Program status: New: Pending additional information
Financial instrument: Competitive/Discretionary Grant; Loan
Topics: Economic Development, Energy, Rural Area or Communities
Notice of funding opportunity: https://www.grants.gov/search-results-detail/363779
Additional information: https://www.rd.usda.gov/programs-services/electric-programs/affordable-rural-cooperative-program

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