The Rural Electrification Act of 1936 provided federal loans for the installation of electrical distribution systems to serve rural areas of the United States.
The funding was channeled through cooperative electric power companies, most of which still exist today. These member-owned cooperatives purchased power on a wholesale basis and distributed it using their own network of transmission and distribution lines.
Read more about Rural Electrification Act: History, Technical Issues, Wiring Homes and Farms, Later Amendments
Famous quotes containing the words rural and/or act:
“We realize that we are laggards from the past century, still living in what Marx kindly calls ‘the idiocy of rural life,’ and we know that our rural life is like that of the past, not like that of much of the present.”
—For the State of Vermont, U.S. public relief program (1935-1943)
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—William Shakespeare (1564–1616)