U.S. Rural Electrification (1935-1953)
Only 10% of American farms had electricity in 1935. President Franklin Roosevelt created the Rural Electrification Administration that May, offering low-interest federal loans to farmer cooperatives. The federal government took on work that private utilities had refused as unprofitable.
By 1942, nearly half of American farms had power. The REA financed roughly 350,000 miles of new transmission lines in seven years.
By the early 1950s, more than 90% of American farms had electricity. Rural productivity, water pumping, and refrigeration transformed for a generation.
The American case shows how dedicated public financing can close an electrification gap that private utilities leave behind. Mission 300's loan-and-compact structure borrows the same logic.
