And I will fight for federal spending to incentivize rural electric cooperatives to transition to clean, renewable energy by relieving debt associated with coal-fired power plants, and conditioning such relief upon the coop’s investment in a clean energy transition
Fight for federal spending to incentivize rural electric cooperatives to transition to clean, renewable energy by relieving coal-plant debt conditioned on clean-energy investment.
Occurrences
Evidence
USDA said it was providing more than $5.49 billion in grants and loans through New ERA, and that 'New ERA and PACE were made possible by President Biden’s Inflation Reduction Act.' The release says rural electric cooperatives will use the funding to lower electricity costs and reduce pollution, including projects in Kentucky.
The USDA New ERA page says the program is focused on 'member-owned rural electric cooperatives' and that USDA had awarded roughly 90% of the $9.7 billion New ERA budget authority. It lists East Kentucky Power Cooperative in Kentucky as receiving a $1.4 billion New ERA investment to build or procure 757 megawatts of renewable energy for rural portions of Kentucky.
The same USDA page says Oglethorpe Power will use a $331 million New ERA investment to refinance outstanding loans for the retired Hal B. Wansley coal plant, with the savings passed through to member cooperatives as lower wholesale power costs.
Assessments
The promised policy outcome substantially occurred: the USDA's New ERA program, created by the Inflation Reduction Act, funded rural electric cooperatives' clean-energy transition and included coal-plant debt refinancing elements, with major awards benefiting Kentucky during Morgan McGarvey's first House term. But the available evidence ties the program's creation and execution to the Biden administration and the IRA rather than to McGarvey personally. Because the outcome was delivered largely by other federal actors, with no evidence here that McGarvey wrote, sponsored, or materially advanced the measure, this is better scored as partial credit rather than full delivery.