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Energizing Utilities for the Economic Stimulus Plan by Maureen Coveney

With the passage of the ARRA, more than $11 billion is allocated to create a bigger, better, smarter electric grid. The investment will allow for the use of more renewable energy, increased use of efficiency technologies and a reduction in electric congestion. As a result, each U.S. utility has an opportunity to leverage public funds.  While executives sort out ARRA implications, they tackle industry issues and economic volatility: energy inefficiencies and costs, regulatory requirements and aging infrastructures.  Because technology is seen as a critical enabler for implementing the economic stimulus plan, with some $100 billion in funding to be spent incrementally during the next five years, it can help utilities see, think and act more clearly to develop and execute the necessary strategies.