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 $2 in return in economic output, according to an Energy Department analysis that finds the gross-domestic-product payoff for smart-energy programs exceeds that of many other government-funded projects. The report, "Economic Impact of Recovery Act Investments in the Smart Grid," found that funding for smart-grid projects also has a beneficial effect on employment, generating jobs growth in industries such as computer systems design, equipment manufacturing and consulting.

View Full Article in:

Smart Grid News · Metering.com

Published in Brief: