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Obama announced the funding in OctoberYou may already know this, but our power grid system has been largely left alone for half a century. We're using inefficient grid technology to try to thread power across our country and in the process are losing precious energy and a lot of cash. As part of the infamous American Reinvestment and Recovery Act--or Stimulus--Obama smartly set aside 3.4 billion dollars to invest in smart grid technology in 2010 and beyond. That block of funding was matched by industry money and private investment to total over <strong>$8 billion</strong> in funding for everything from installation of smart meters to funding for manufacturing processes.1
The funding will jump start innovation in smart grid technologyYou may already know this, but our power grid system has been largely left alone for half a century. We're using inefficient grid technology to try to thread power across our country and in the process are losing precious energy and a lot of cash. As part of the infamous American Reinvestment and Recovery Act--or Stimulus--Obama smartly set aside 3.4 billion dollars to invest in smart grid technology in 2010 and beyond. That block of funding was matched by industry money and private investment to total over <strong>$8 billion</strong> in funding for everything from installation of smart meters to funding for manufacturing processes.2
It will send a cash injection into manufacturing to start making clean energy technologiesYou may already know this, but our power grid system has been largely left alone for half a century. We're using inefficient grid technology to try to thread power across our country and in the process are losing precious energy and a lot of cash. As part of the infamous American Reinvestment and Recovery Act--or Stimulus--Obama smartly set aside 3.4 billion dollars to invest in smart grid technology in 2010 and beyond. That block of funding was matched by industry money and private investment to total over <strong>$8 billion</strong> in funding for everything from installation of smart meters to funding for manufacturing processes.3
The funding will help improve our antiquated systemYou may already know this, but our power grid system has been largely left alone for half a century. We're using inefficient grid technology to try to thread power across our country and in the process are losing precious energy and a lot of cash. As part of the infamous American Reinvestment and Recovery Act--or Stimulus--Obama smartly set aside 3.4 billion dollars to invest in smart grid technology in 2010 and beyond. That block of funding was matched by industry money and private investment to total over <strong>$8 billion</strong> in funding for everything from installation of smart meters to funding for manufacturing processes.4
A large part of the funding will go toward smart meter technologyYou may already know this, but our power grid system has been largely left alone for half a century. We're using inefficient grid technology to try to thread power across our country and in the process are losing precious energy and a lot of cash. As part of the infamous American Reinvestment and Recovery Act--or Stimulus--Obama smartly set aside 3.4 billion dollars to invest in smart grid technology in 2010 and beyond. That block of funding was matched by industry money and private investment to total over <strong>$8 billion</strong> in funding for everything from installation of smart meters to funding for manufacturing processes.5
