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Program Assessment
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Program
View Assessment Details
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Rural Electric Utility Loans and Guarantees
The Department of Agriculture Rural Utilities Service (RUS) provides direct and guaranteed loans to rural electric cooperatives and other utilities in rural areas for generating, transmitting, and distributing electricity.
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Rating
What This Rating Means |
PERFORMING Adequate
This rating describes a program that needs to set more ambitious goals, achieve better results, improve accountability or strengthen its management practices.
- The electric program is well designed with a clear purpose and effective management wich is seen in the success of bringing electricity to most rural residents.
- RUS has developed new performance measures, baselines and ambitious targets that show the impact the loan funding is having on rural electrification. For example: percentage of consumers receiving new or updated electric service.
- The intent of the program has changed from providing electric service to providing affordable and reliable service. In addition, because many communities have grown since RUS started giving electric loans and RUS does not recertify the rural status of borrowers' service areas, some electric loan funds support electricity in urban areas.
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Improvement Plan
About Improvement Plans |
We are taking the following actions to improve the performance of the program:
- Targeting the loans to rural areas with high poverty rates.
- Reducing funding that supports non-rural areas by regularly recertifying borrowers' rural status.
- Conducting periodic independent reviews that assess the program's performance.
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