Now through their wholly-owned subsidiary, Haywood Services, we are able to serve all residents in all areas of WNC with affordable and reliable electrical services. This assistance supports infrastructure improvements business development housing community facilities such as schools, public safety and health care and high-speed internet access in rural areas. Founded in 1938, Haywood EMC has been serving rural residents of Western North Carolina for over 80 years. USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. Haywood EMC has been serving the rural residents of Western North Carolina with affordable, reliable, safe services, and open communications for over 80. The loans include $255.8 million for investments in smart grid infrastructure that uses digital communications technology. This loan is financed through the USDA Electric Loan Program, which is providing funding for projects in 21 states that will help build and improve 6,886 miles of line to strengthen reliability in rural areas. In addition, 7.2 miles of copper line will be replaced due to age. A total of $965,000 will also be used to upgrade and modify four existing substations, which will increase the protection and reliability at these locations. Haywood EMC serves 27,000 consumers across eight counties in western North Carolina, and portions of two counties in northeastern Georgia and South Carolina.Īccording to Tom Batchelor, Haywood’s executive vice president and CEO, the funds will be used over the next four years to connect 1,800 new members, build and upgrade 58 miles of distribution line, build four miles of transmission line to raise the voltage and improve reliability, and upgrade the existing radio system from analog to digital. Founded in 1938, Haywood EMC has been serving rural residents of Western North Carolina for over 80 years. Customers of the company pay a 5.22 higher bill compared to the rest of the country. T he average monthly residential power bill for a customer of Haywood Electric Membership is 138.72 per month, while the national average is 131.84. The loan will benefit the cooperative and its members by maintaining and strengthening their systems, as well as contributing to job creation and economic development in rural North Carolina. The company made 47, 500, 300 in 2021, which they earned entirely through sales to retail customers. Department of Agriculture recently provided Waynesville-based Haywood EMC with $24 million in funding. As part of a $1.4 billion investment in rural electric infrastructure, the U.S. Haywood EMC Haywood Regional Medical Center Health Department The municipalities of Waynesville, Clyde, Canton, and Maggie Valley North Carolina Forest.
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