The conflict over inclusion of the utilities was compromised by allowing them to be eligible for REA loans, but giving preference to non-profit bodies such as cooperatives. On May 11, 1936, Congress passed the new REA bill. Within the next eighteen months, electricity was brought to half a million American farms. Hundreds of thousands of other farmers were forming cooperatives so that they could get electricity, too—and rural electric rates were beginning to drop in many areas. The times were changing—and they were changing fast.
Bill was pased for farmer electrification
