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Article: Whirlpool Corporation Selected To Receive Federal Smart Grid Stimulus Funds.
- Article from:
- Energy Weekly News
- Article date:
- November 13, 2009
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Whirlpool Corporation (NYSE:WHR) announced that it is the recipient of stimulus funds as part of the U.S. Department of Energy's (DOE) Smart Grid Investment Grant program.
The grant of $19.3 million over a two year period - which Whirlpool will match with its own investments - will help the company accelerate its work to deliver to consumers smart appliances that can connect with the smart grid. For example, the company recently announced that in 2011 it would deliver one million U.S. manufactured smart dryers capable of reacting intelligently to signals from the smart grid by modifying their energy consumption to save consumers money on their home electric bills. ...