Central Power Receives Federal Loan - KFYRTV.COM - Bismarck, ND - News, Weather, Sports

Central Power Receives Federal Loan

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The state's electric grid system must continue to expand as the need for power grows with the state's population and oil industry. Central Power Cooperative has received a $29 million loan to keep up with demands.

The loan will go towards rebuilding and rewiring two transmission lines that have been online since the '60s along with a new substation. The company says the loan will benefit many counties in North Dakota, and is needed to update the current system.

"These are complete rebuilds of poles and all the hardware. The one in McHenry Wells I know we are reusing the wire, if that's still fine it's just the poles have reached, they're past their useable date, and it's just time to get them update," says Mick Kossan of Central Power Electric Cooperative.

The loan was granted to the company by the Rural Utilities Service. Senator Heidi Heitkamp Chairs the Senate Agriculture Subcommittee on Jobs, Rural Economic Growth and Energy Innovation which oversees the Rural Utilities Service at USDA.
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