$12M in broadband funds to Pennyrile Electric

The broadband expansion efforts in the Pennyrile Electric service territory are getting a $12 million boost from the Kentucky Broadband Deployment Fund. In 2021, the Kentucky General Assembly allocated $300 million in federal American Rescue Plan Act dollars to the fund for the construction of high-speed internet infrastructure to connect areas currently without access. On Tuesday, Gov. Andy Beshear announced 56 grants totaling more than $196 million.

Pennyrile Electric Cooperative is honored to be selected as a recipient of broadband funding support from Gov. Beshear and the state of Kentucky,” said President and CEO Alan Gates. “We are grateful for the opportunity to partner with the state to build a fiber-to-the-home network for our members who are without access to reliable high-speed internet in unserved or underserved rural areas. This funding will allow these areas to grow and thrive economically. We are grateful to the state of Kentucky for their support of the members in the Pennyrile Electric service territory.” 

“Kentucky’s historic investments in broadband expansion would not have happened without the vision and commitment of Rep. Phil Pratt, Speaker Pro Tem David Meade, and Representative Brandon Reed,” said House Speaker David Osborne. “They recognized the need to expand broadband services throughout the commonwealth and drove the legislative initiatives that created and funded the Kentucky Broadband Deployment Fund and the Office of Broadband Development, despite the Governor’s vetoing critical provisions of the plan.”