$3.4 Billion for the Smart Grid

From the press release: "One-hundred private companies, utilities, manufacturers, cities and other partners received awards today, including FPL which will use its $200 million in funding to install 2.6 million smart meters and other technology that will cut energy costs for its customers. In the coming days, Cabinet Members and other Administration officials will fan out to awardee sites across the country to discuss how this investment will create jobs, improve the reliability and efficiency of the electrical grid, and help bring clean energy sources from high-production states to those with less renewable generating capacity. The awards announced today represent the largest group of Recovery Act awards ever made in a single day and the largest batch of Recovery Act clean energy grant awards to-date."