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Biden administration announces $3 billion for rural electric co-ops

The Hill
Summary
Nutrition label

76% Informative

The Biden administration announced more than $3 billion Friday in funding for seven rural electric cooperatives .

The grants include nearly $2.5 billion in financing for the Tri-State Generation and Transmission Association .

The funding will cut electricity rates for members by an estimated 10 percent over the next 10 years , equivalent to about $430 million in benefits to rural electricity consumers.

VR Score

84

Informative language

87

Neutral language

77

Article tone

formal

Language

English

Language complexity

69

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links