The US is investing £2.3 billion (£1.49bn) to improve rural electric infrastructures in 31 states.
The funding from the US Department of Agriculture (USDA) includes more than £108 million (£70.2m) for smart grid technology and $41 million (£26.65m) for renewable energy projects.
Around $9 million (£5.85m) will be used for storm damaged electric repairs.
Companies and co-operatives totalling 77 will also use part of the fund for other projects which include upgrading 12,000 miles transmission and distribution lines and improving customer service.
Tom Vilsack, US Agriculture Secretary said: “Improving our rural electric utility systems will help us continue to provide reliable and affordable electricity to rural customers. By financing these improvements, USDA helps increase efficiencies, reduce carbon emissions and improve the quality of life in rural areas.”