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REED Fund

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  1. Member Services
  2. REED Fund

Organized in 1996, the Rural Electric Economic Development, Inc. (REED) Fund is a private-non-profit corporation governed by Electric Cooperatives serving eastern South Dakota and western Minnesota.  Its primary mission is to provide financing and help leverage private investment in small communities and rural areas needed to keep the rural economy viable and improve quality of life in the region.  To accomplish its mission REED makes loans that support job creation, job retention, self-employment and community capacity building activities throughout the 36,000 square miles it serves.

It Began With A Vision

REED's success is attributable to the member cooperatives' vision and active involvement in the region's economic development initiatives as well as to a federated approach to managing its financing activities in cooperation with East River Electric  Power Cooperative, Inc.  Electric cooperatives in this region have a strong history of collaboration and the REED fund is positive proof that cooperation works.

REED Projects In The H-D Electric Service Territory:

There have been a number of local organizations that have benefited and received assistance from the Rural Electric Economic Development Fund for start-up or expansion projects. For more information use the link below to access the REED Fund website, or contact H-D Electric Cooperative.

REED Fund Website
  • About Us
    • About H-D Electric
      • About H-D Electric
      • Our History
      • Bylaws
      • Minutes
    • Staff Directory
    • Board of Directors
    • Career Opportunities
    • Annual Meeting
    • Contact Us
  • Community
    • Rent Our Community Room
    • Cooperative Connections
    • NRECA Youth Tour
    • Basin Youth Trip
    • Scholarships
    • Member Basin Electric Tour
  • Member Services
    • Rebates, Loans, & Other Incentives
    • Irrigation
    • Generators
    • Load Management
    • Electrical Wiring Services
    • Products
      • Water Heaters
      • Electric Heat
      • Yard Lights
      • Grills
      • Electrical Parts Selection
    • Electric Vehicle
    • REC Program
    • REED Fund
    • Together We Save
  • Your Account
    • Apply for Service
    • Payment Options
    • Capital Credits
    • Deferred Payment Plan
    • Budget Billing
  • Safety
    • Emergency Standby Generators
    • Tree Trimming
    • One Call
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    • Request for Electricity Form
    • Membership Application
    • Employment Application
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Contact Info

P.O. Box 1007

18240 SD Hwy 15

Clear Lake, SD 57226-1007

Office Phone: (605) 874-2171

Fax:  605-874-8173

info@h-delectric.coop

Business Hours

M-F 8AM - 4:30PM

 

Our Mission

"Committed to Safely Enhance the Quality of Life for our Members, Employees and Communities"

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©2025 H-D Electric Cooperative. All Rights Reserved.

  • About Us
    • About H-D Electric
      • Our History
      • Bylaws
      • Minutes
    • Staff Directory
    • Board of Directors
    • Career Opportunities
    • Annual Meeting
    • Contact Us
  • Community
    • Rent Our Community Room
    • Cooperative Connections
    • NRECA Youth Tour
    • Basin Youth Trip
    • Scholarships
    • Member Basin Electric Tour
  • Member Services
    • Rebates, Loans, & Other Incentives
    • Irrigation
    • Generators
    • Load Management
    • Electrical Wiring Services
    • Products
      • Water Heaters
      • Electric Heat
      • Yard Lights
      • Grills
      • Electrical Parts Selection
    • Electric Vehicle
    • REC Program
    • REED Fund
    • Together We Save
  • Your Account
    • Apply for Service
    • Payment Options
    • Capital Credits
    • Deferred Payment Plan
    • Budget Billing
  • Safety
    • Emergency Standby Generators
    • Tree Trimming
    • One Call
  • Forms
    • Request for Electricity Form
    • Membership Application
    • Employment Application