January 21, 2009

$32 Billion Proposed for Smart Grid in 2009

On the first day of a new Presidential Administration it is fitting to write about one of their most ambitious plans. Inside the American Recovery and Reinvestment Bill of 2009 has $80 billion ear marked for IT improvements. Of that, $32 billion is designated for enhancement in America's smart meter system and $20 billion is going towards renewable energy.

Smartmeters.com has a great article that describes how a smart grid would be integrated with renewable energy sources. It also goes on to explain the benefit smart grid technology would have on the ability for utilities to track and correct areas of transmission loss.

It remains to be seen how this money would actually be used to help infrastructure. This system would work seamlessly with real-time and time of use programs like Power Smart Pricing.

Smartmeters.com: Latest stimulus chatter calls for $32 billion for smart grid

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