Recovery in Action: Powering up America
$3.4 billion in grants provided by the Recovery Act for improvements to the nation's electric grid are fanning out across the country.
Earlier in the week, President Obama announced the largest-ever investment in the nation’s electric grid—more than $3.4 billion in grants distributed among 100 grantees. Though the immense scale of the investment was clear during the President’s announcement, the flood of reports from news outlets across the country has been overwhelming. A sample of those stories are linked below, detailing new projects in South Dakota, Vermont, California, and several other states:
SRP gets $56.9M boost from feds for customer 'smart meters’: Salt River Project will receive a $56.9 million grant from the federal Recovery Act to speed up the installation of "smart meters" for customers, the Energy Department announced Tuesday.
SMUD receives $128M in smart-grid funds: The Sacramento Municipal Utility District has been awarded $127.5 million in federal economic stimulus funds that will go toward a $308 million smart-grid infrastructure investment.
7 Florida utilities and tech firm to receive $264 million: Energy grants announced Tuesday by President Obama include $264 million for seven Florida utilities and an Orlando technology company, with each grant requiring final negotiations and matching contributions.
$200 million in stimulus funds flows to Georgia to update power grid: More than $200 million in federal stimulus money is expected to flow into projects in Georgia as part of the Obama Administration's plans to upgrade the nation's aging electric grid.
Five New England states land $226M for smart meters: At least 832,000 smart meters will be installed across New England as a part of smart grid projects receiving funding from the U.S. Department of Energy’s Smart Grid Investment Grant funding.
Federal funds granted for BGE’s smart grid: Baltimore Gas & Electric Co. expects customer costs for its smart grid projects to decrease after winning a $200 million grant from the federal government Tuesday, the company said.
Edison, Whirlpool to get stimulus money: Detroit Edison and the Whirlpool Corporation in Benton Harbor will receive $103 million in federal stimulus money to make investments in green technology.
Peco Energy gets $200M ‘smart-grid’ grant: Peco Energy Co. was awarded a $200 million federal stimulus grant today that will allow it to speed up deployment of "smart-grid" technology, including 600,000 advanced electric meters in the next three years.
Two S.D. power companies to share $9M in federal funds to install smart meters (video): Black Hills Power and Sioux Valley Southwestern Electric Cooperative will share in more than $9 million in federal funding to help modernize the nation’s electric system.
Powerful energy Vermont plan for ‘smart’ meters getting $69M: A Vermont plan to install electricity smart meters and other technologies to improve energy efficiency and reduce energy costs will receive nearly $70 million in stimulus money.
Smart' grid stimulus funds come to Wyoming: Two Wyoming electric utilities will receive more than $7.5 million combined in federal grants to help modernize their infrastructure.