Obama Hands Out $3.4 billion In Stimulus Money For The Smart Grid

utilities smart grid electricity

President Barack Obama on Tuesday will announce $3.4 billion in government grants to help build a “smart” electric grid that will save consumers money on their utility bills, reduce blackouts and carry power supplies generated by solar and wind energy, the White House said.

…The grants, which range from $400,000 to $200 million, will go to 100 companies, utilities, manufacturers, cities and other partners in 49 states.

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