Wednesday, November 25, 2009

AEP gets stimulus grant for $150 million 'smart-grid' project | Columbus Dispatch Politics

About 110,000 central Ohio customers of American Electric Power soon will have advanced-technology meters, giving them the ability to track when they use the most power and thus reduce their electricity bills.

It's all part of a $150 million demonstration project to install "smart-grid" technology for customers across a 150-square-mile swath of AEP's service area, an effort government and company officials say will reduce energy consumption, save money and create jobs.

The technology allows customers to track their electricity usage via a wireless Internet connection. Future versions may allow utilities to charge lower rates during the times of day with the lowest usage. That would encourage customers to do certain tasks, such as running the dishwasher and washing machine, at different times to reduce stress on the power grid...