A report by the National Institute of Standards and Technology predicts that utilities nationwide will invest $40 to $50 billion in smart meters

Barbara Hollingsworth: First, we need a new power superhighway
By: BARBARA HOLLINGSWORTH
Examiner Columnist
October 14, 2009
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"With $4.5 billion in stimulus funds, and another $144 million for state public utility commissions and workforce training, smart grid proponents are pushing hard for similar upgrades elsewhere. A report by the National Institute of Standards and Technology predicts that utilities nationwide will invest $40 to $50 billion in smart meters within the next five years. Lexington Institute senior fellow Rebecca Grant says that smart grid technology can prevent black-outs and pave the way for increased use of wind and solar energy."