Today, we’re excited to share that the first round of New ERA projects with a total investment of $29 billion has been announced with $7.3 billion in federal support. These investments in 16 cooperatives, benefitting roughly 20% of rural residents across 23 states, promise to revolutionize rural America's energy landscape with 10,000 MW of clean power, including investments in wind, solar, and battery storage.

In an inclusive utility investment program, a utility provides capital to pay for energy efficiency upgrades at a member-owner’s home, farm, or business and recovers its costs through a charge on the customer’s utility bill.