ARROWHEAD ELECTRIC COOPERATIVE AWARDED RECOVERY ACT GRANT TO PROVIDE FIBER TO THE HOME BROADBAND SERVICE

Lutsen, MN (September 13, 2010)—On September 13 2010, The United States Department of Agriculture (USDA) awarded Arrowhead Electric Cooperative a total of $16,137,484 in grants and low interest loans to help provide fiber to the home broadband service to residential and commercial members of Arrowhead Electric Cooperative.  This USDA funding is provided by the Recovery Act Broadband Infrastructure Program (BIP) through the American Recovery and Reinvestment Act.

The money will be used to provide broadband services to all members of Arrowhead Electric Cooperative and in the City of Grand Marais.  The Arrowhead Electric Cooperative has been awarded a $11,296,239 grant and a $4,841,245 low-interest government loan.

With the help of our partner, Pulse Broadband, we will be deploying an advanced fiber network to connect every residential and commercial account on the Arrowhead Electric Cooperative electrical network and within the City of Grand Marais.

The Arrowhead Electric Cooperative Board of Directors is committed to the success of the fiber to the home project and to facilitating the success of all who live, work, operate businesses in and visit Cook County, Minnesota.  Through this project Arrowhead Electric Cooperative hopes to assist our members improve quality of life, enable existing businesses to become more competitive, provide a service required for new business development and create a communications infrastructure which will facilitate smart grid applications.

Arrowhead Electric Cooperative is developing a list of questions & answers we have been asked by members, government officials, and others.  This document will be posted on our website at www.aecimn.com within the next several days.

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