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Federal Recovery Act - Investment Grants for Smart Grid and Related Transmission Projects

Smart Grid Investment Grants
The Smart Grid Investment Grant Program was originally authorized by Section 1306 of the Energy Independence and Security Act of 2007 (EISA; Public Law 110-140) and later modified by the American Recovery and Reinvestment Act of 2009 (Recovery Act; Public Law 111-5).  The purpose of the program is to gain the improvements in cost and performance that will come from the deployment of smart grid technology. The program will provide federal assistance to cover up to fifty percent of investments by electric utilities and other entities for projects that promote the goal of deployment, including development of component technologies. These investments will help implement the necessary digital upgrades to the electric grid enabling it to work more efficiently, as well as making it capable to effectively integrate renewable and energy efficient technologies and demand management practices. In addition to promoting grid modernization, the program will also provide a stimulus to the nation with respect to expanding economic opportunities, creating jobs for American workers, and increasing worker skills.

For more information about the Smart Grid Investment Grant Program, visit: http://www07.grants.gov/search/search.do?&mode=VIEW&flag2006=false&oppId=46833