Rural Electrification Act (1935)
Congress created the Rural Electrification Administration to lend federal money to cooperatives building power lines. Private utilities had refused to string lines to farms — too few customers per mile to profit. In 1935, about 10% of American farms had electricity.
Within a decade, thousands of cooperatives had wired rural America; by 1950, roughly 90% of farms had power.
The program established the template of federal capital easing a market failure so infrastructure reaches places private operators skip.
NEVI community charging does the same for EV chargers in dense city neighborhoods where charging demand is still thin and private investment lags.
