State, Federal Regulators offer criteria for DOE Smart Grid Stimulus Funding
Source: Federal Energy Regulatory Commission

State and federal regulators today outlined a list of criteria for the Department of Energy to consider when it starts providing grant and other funding for Smart Grid projects under the 2009 stimulus bill.

The regulators, members of the Smart Grid Collaborative jointly sponsored by the National Association of Regulatory Utility Commissioners (NARUC) and the Federal Energy Regulatory Commission (FERC), developed the criteria as a consensus for establishing preconditions under which Smart Grid projects would be funded through the American Recovery and Reinvestment Act of 2009.

“Getting a smart grid established in America is very important,” FERC Commissioner Suedeen Kelly said. “We believe we can do this in a way that expands opportunities for consumers while keeping the grid safe, secure and reliable. We want the money that Congress has dedicated to this effort to be put to its best use. The criteria we propose today are a consensus among 19 states and FERC on the best way that DOE can efficiently and effectively fund smart grid demonstration projects.”

+ Full Document (PDF; 23 KB)

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