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Home > Public Policy > Cooperative Business Issues > RUS Financing

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RUS Financing

RUS APPLICATION

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Related Links:

RUS Web Site


The small federal investment in the Rural Utilities Service (RUS) electric loan programs over the years, coupled with strong management by the cooperative businesses, keep the electric cooperative infrastructure strong and viable today.

RUS financing remains an essential component of the co-op utility sector's loan portfolio. Loans to eligible electric cooperatives represent approximately 22 percent of total co-op financing.

As in many industries, the federal government provides assistance to each sector of the utility business. IOUs get tax breaks, municipals have access to tax exempt financing and some electric cooperatives receive loans through the RUS program.

Although some cooperatives have seen a portion of their service territories transformed into urban areas, for the most part electric co-ops are the sole providers serving far-flung, sparsely populated areas with below-average income levels. For these reasons, the RUS mission for financing new and maintaining existing electric infrastructure in rural America must be maintained.

NRECA wants Congress to ensure that its consumers continue to have access to safe, reliable, and at-cost supplies of power from electric cooperative utilities by fully funding the RUS electric loan program.

To learn more about NRECA’s position affecting RUS Financing, please select the links below.

Documents:

  •  2008 NRECA Legislative Conference Briefing on Rural Utilities Service (RUS)
    Providing Affordable Infrastructure and Economic Opportunity
    Type: Flyer  Date: 2008-05-02  Size: 56KB

  •  RUS Electric Loan Programs "Fast Facts"
    Investments in a Secure, Reliable Electric Utility Infrastructure
    Type: Fast Fact  Date: 2008-02-22  Size: 122KB

  •  NRECA Announces Support for 2007 Farm Bill.
    In a letter to Representatives Collin Peterson and Bob Goodlatte, NRECA CEO Glenn English expressed his support for the bill, which includes key provisions that invest in rural communities nationwide.
    Type: Letter  Date: 2007-07-25  Size: 247KB

  •  Testimony of Glenn English
    Rural Economic Development Testimony of Glenn English before the Senate Committee on Agriculture, Nutrition, and Forestry
    Type: Congressional Record  Date: 2006-06-20  Size: 31KB

  •  Former NRECA CEO...
    Statement of NRECA CEO Glenn English On the Confirmation of Jim Andrew as Rural Utilities Service Administrator
    Type: Press Release  Date: 2005-12-20  Size: 20KB

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