Federal smart grid funding produces big payoff, data show

04/29/2013 | Smart Grid News · Metering.com

Every dollar earmarked for smart grid development in the U.S. yields more than two in return in economic output, according to a Department of Energy analysis that finds the total Gross Domestic Product payoff for smart energy programs exceeds that of many other government-funded projects. The DOE report, "Economic Impact of Recovery Act Investments in the Smart Grid," found funding for smart grid projects is also having a beneficial effect on employment in the U.S., generating jobs growth in high-tech industries such as computer systems design, equipment manufacturing and consulting.

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Smart Grid News · Metering.com

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