The Sacramento Municipal Utility District on Tuesday scored $127.5 million in federal stimulus funds to install "smart meters" in every home and business in its territory – the first step in giving local consumers real-time, online information about their energy use.
The grant to SMUD and three institutional partners was the largest of any in California, and will allow SMUD to install 600,000 new meters and make other energy savings improvements.
SMUD officials said the first meters will be installed this fall. The rest will be installed in every home and business in Sacramento County and part of Placer County by 2011.
When finished, it will be the first local step toward combining the power grid and Internet, a breakthrough unlike anything seen in a century of power generation and consumption....