Suwannee Valley Electric Cooperative

Content tagged with "Suwannee Valley Electric Cooperative"

Displaying 1 - 2 of 2

Suwannee Valley Electric Cooperative Should Light Up First Fiber Users By August

Suwannee Valley Electric Cooperative (SVEC) has begun construction on an ambitious new fiber deployment that will soon bring affordable, multi-gigabit fiber access to all of the cooperative’s existing electrical customers in rural Northern Florida.

Cooperative officials tell ILSR its three-phase build out is well underway, with a beta anticipated this summer and the first commercial customers connected by August. SVEC Communications Director Jon Little says the cooperative’s goal remains to deliver affordable fiber to all 20,000 of the cooperative's current electric customers by the end of 2026.

“We’ve broken our territory into three phases based partly on population or possible customers,” Little said.

The cooperative’s recently created subsidiary, Rapid Fiber Internet, will interface directly with subscribers, while Conexon manages deployment of more than 4,100 miles of fiber. Electrical users won’t see price hikes; the projected $93 million deployment cost will be funded by a combination of grants and loans paid back exclusively through user subscriptions.

Image
Suwannee Valley Electric Cooperative Rapid Fire Internet logo

Little told ISLR that make ready (preparing utility poles for fiber attachments) prep and engineering for phase one are complete, and make ready construction for phase one is roughly 40 percent complete. He added that primary fiber construction for phase one is roughly twenty percent complete.

“We’re hoping that we will have a group of beta customers starting next month,” Little said. “We want to go about a month to get their feedback, and so we’re still hoping sometime in August to offer hookups to our members on that first feeder.”

Florida Designates $144 Million in ARPA Funds for 58 Broadband Projects

Florida’s state broadband office is doling out $144 million in grants to 58 different broadband expansion projects across 41 Florida counties.

The funding is being delivered courtesy of Florida’s Broadband Opportunity Grant Program, itself made possible by federal legislation—the American Rescue Plan Act (ARPA)— that many Florida lawmakers opposed.

The full breakdown of the deployments make it clear that, similarly to what we’ve seen in states like Montana, the lion’s share of state funding will be going to regional cable monopolies.

Roughly $89 million of Florida’s $144 million grant award will be going to the state’s three largest cable broadband providers: Cox, Comcast, and Charter. Comcast obtained $45 million, Charter was awarded approximately $28 million, and Cox was awarded $16 million. A more detailed breakdown of the awards obtained by Telecompetitor indicates that the vast majority of the projects are partnerships with cable giants.