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Article: United States: $69M grant boosts Smart Grid.
- Article from:
- TendersInfo
- Article date:
- October 29, 2009
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Byline: prashant03
A $69 million federal grant will help launch the e-Energy Vermont initiative, giving consumers more control over their electric usage.
The Department of Energy grant awarded Tuesday will help the state's 20 electric utilities to finance half the $137 million cost to make the switch to Smart Grid technology, including the installation of 272,000 digital meters throughout the state.
The money is part of $3.4 billion in Smart Grid grants awarded from the American Reinvestment and Recovery Act.
Supporters say the meters will provide a real-time link between consumers and the power system, increasing efficiency and ...