Jeff Bingaman United States Senator from New Mexico

WASHINGTON – U.S. Senator Jeff Bingaman today announced that the Mora-San Miguel Electrical Cooperative has been approved for a $5.8 million low-interest loan from the federal government.

The co-op will use the loan to expand service to 1,068 new consumers. Specifically, funding will be used to build 123 miles of new distribution line, make improvements to 45 miles of distribution lines and for other system improvements.

“I am pleased the federal government is making this investment to help expand service to residents in northern New Mexico,” Bingaman said.

The Mora-San Miguel Electrical Co-op currently serves 9,781 consumers in Mora, San Miguel, Guadalupe and a part of Santa Fe counties.

Funds were provided through the U.S. Department of Agriculture’s Rural Development Program.