Electric Co-op Gets Head Start on Stimulus FTTH Project
Although not big winners, electrical utility companies were among the companies that won funding for broadband projects through the broadband stimulus program. And as a winning project involving Missouri-based Ralls County Electric Cooperative reveals, electric company projects may be some of the first to actually begin serving customers. The cooperative was one of the first stimulus project winners in January 2010, garnering a $9.5 million loan and a $9.5 million grant to build a fiber-to-the-home network serving 4,600 households, 311 businesses and 58 community anchor institutions. In its project summary, the cooperative noted that its plan would minimize construction costs and red tape by using its existing pole-grid and rights-of-way. That ability also likely played a role in enabling the company to already begin offering service at a time when money other stimulus winners are just breaking ground. Although RCEC still has considerable construction to complete, 100 people already have signed up for its broadband service.