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TeachMeFinance.com - explain Rural Electric Cooperatives Rural Electric Cooperatives The term 'Rural Electric Cooperatives ' as it applies to the area of agriculture can be defined as ' There are 874 electric distribution cooperatives and 60 generation and transmission cooperatives in the United States, which provide electric service to some 30 million people in 46 States. Reflecting their rural location, these cooperatives account for 7.4% of the kilowatt hours sold, but they maintain nearly half of the nation’s electric distribution lines. Rural electric cooperatives have access to insured and guaranteed loans from the Rural Utilities Service. Insured loans primarily finance the construction of facilities for the distribution of electric power in rural areas. Guaranteed loans primarily finance generation and bulk transmission facilities for power supply borrowers'. Previous 5 Terms: Rural area Rural Business-Cooperative Service (RBS) Rural Community Advancement Program (RCAP) Rural Development Trust Fund Rural electric cooperative (cooperatively-owned electric utility) Next 5 Terms: Rural Electrification Administration Rural Electrification Administration (REA) Rural Health Clinic Rural home loans Rural home repair loans and grants About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.