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Providing safe, reliable service to central South Dakota since November 1949.

  • Your Cooperative
    • Bylaws
    • Capital Credits
    • History
    • How Your Co-op Works
      • ACRE
      • Cooperative Principles
      • Touchstone Energy Cooperatives
      • Power of Membership
    • Meet the Board of Directors
    • Meet the Staff
    • Service Area
    • Office Hours
      • Contact Us
    • Equipment for Sale
    • Job Openings
    • Statement of Non-Discrimination
  • My Account
    • AutoPay
    • Bill Variations
    • Billing Information
    • Budget Billing
    • How to Read Your Bill
    • Meter Reading
    • Past Due Accounts
    • Update My Information
  • Member Services
    • Co-op Connections
    • Economic Development
      • REED Fund
    • Scholarship Program
    • Survey
    • Youth Tour
    • Basin Electric Members Bus Tour
  • Electrical Operations
    • Apply for New Service
      • Request Service
    • Call Before You Dig - 811
    • Down Power Lines
    • Grain Bin Restrictions
    • GRIP1/WARN Project
  • Safety
    • Safety Quiz
    • Electrical Safety and Generators
    • Down Power Lines
    • Grain Bin Restrictions
  • Energy Resources
    • Energy Conservation
    • Energy Links
    • Together We Save
    • Energy Assistance

REED Fund

REED Fund

West Central Electric provides assistance to area development groups in the communities we serve including Haakon, Jackson, Jones, Lyman, and Stanley Counties. West Central Electric also provides assistance to individuals through our Rural Electric Economic Development loan fund.

Rural Electric Economic Development, Inc. (REED Fund):

Rural Electric Economic Development, Inc. (REED) Fund provides business and community project financing in partnership with commercial and other economic development lenders to leverage private investment and make a difference in the region it serves.  

The REED Fund was established in 1996 and is governed by East River Electric Power Cooperative and its member electric distribution cooperatives. REED assists projects that promote growth and contribute to job, business, and wealth creation, as well as projects that improve infrastructure, community facilities and services, and the economic base of rural areas.

REED makes loans to for-profit businesses, not-for-profit organizations, and local governments. Projects include, but are not limited to:

  • Small and medium-sized business and cooperatives engaged in manufacturing, retail, service and tourism industries

  • Community projects relating to water/wastewater, healthcare, education, telecommunications, public safety, recreation and the arts

  • Producer-owned business and cooperatives that add value to agriculture

  • Multi-family rental housing with strong community support

  • Efficient use of energy is encouraged for all projects and is also an eligible activity 

  • Applicants do not need to be a member/consumer of a rural electric cooperative to apply

REED demonstrates the cooperative principles of commitment to community and cooperation among cooperatives in a meaningful way that adds value to the region.

To learn more about the REED Fund visit their website by clicking here.

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204 Main St. Murdo, SD 57559

Business Hours: 8:00 – 4:30 CT
Monday through Friday

Phone: 605-669-8100

©2025 West Central Electric Cooperative, Inc. All Rights Reserved..

  • Your Cooperative
    • Bylaws
    • Capital Credits
    • History
    • How Your Co-op Works
      • ACRE
      • Cooperative Principles
      • Touchstone Energy Cooperatives
      • Power of Membership
    • Meet the Board of Directors
    • Meet the Staff
    • Service Area
    • Office Hours
      • Contact Us
    • Equipment for Sale
    • Job Openings
    • Statement of Non-Discrimination
  • My Account
    • AutoPay
    • Bill Variations
    • Billing Information
    • Budget Billing
    • How to Read Your Bill
    • Meter Reading
    • Past Due Accounts
    • Update My Information
  • Member Services
    • Co-op Connections
    • Economic Development
      • REED Fund
    • Scholarship Program
    • Survey
    • Youth Tour
    • Basin Electric Members Bus Tour
  • Electrical Operations
    • Apply for New Service
      • Request Service
    • Call Before You Dig - 811
    • Down Power Lines
    • Grain Bin Restrictions
    • GRIP1/WARN Project
  • Safety
    • Safety Quiz
    • Electrical Safety and Generators
    • Down Power Lines
    • Grain Bin Restrictions
  • Energy Resources
    • Energy Conservation
    • Energy Links
    • Together We Save
    • Energy Assistance