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Obama’s Big Smart Grid Stimulus: $3.4 Billion Going to 100 Projects

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The article was orginally published at: Obama’s Big Smart Grid Stimulus: $3.4 Billion Going to 100 Projects
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Carol Browner,Director of the White House Office of Energy and Climate Change Policy, with President Obama

18 Million New Smart Meters
The sweet stimulus bonanza isn’t over. Today the Obama administration has announced 100 grants to smart grid projects across the U.S. (25 big projects, 75 smaller ones). In total, about $3.4 billion dollars will be allocated, and when combined with funds from utility customers, this should add up to an investment of about $8 billion into grid modernization. “We have a very antiquated system that we need to upgrade,” said Carol Browner, energy coordinator for the Obama …Read the full story on TreeHugger

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