Quantcast
Home / agencies / SRP applies for stimulus funds for smart projects

SRP applies for stimulus funds for smart projects

TEMPE – Salt River Project has applied for more than $80 million in stimulus funds from the U.S. Department of Energy for smart metering and smart electrical grid projects.

Officials with the Tempe-based utility say the extra money would not diminish the need for an 8.8 percent electric rate increase pending before SRP’s board of directors, but it might reduce the size of future rate hikes.

SRP officials say the projects being sought for stimulus funding would give customers more options for controlling their energy use, improve reliability and promote clean energy.

Smart meters can send data via radio signals back to the utility, allowing the meter to be read automatically by a computer at an SRP control center.

SRP has already deployed more than 400,000 smart meters and wants to install another 540,000 by the fall of 2011, when every customer would have one.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

 

x

Check Also

Rep. Trent Franks, R-Ariz., takes his seat before the start of a House Judiciary hearing on Capitol Hill in Washington, Thursday, Dec. 7, 2017, on Oversight of the Federal Bureau of Investigation. Franks says in a statement that he never physically intimidated, coerced or attempted to have any sexual contact with any member of his congressional staff. Instead, he says, the dispute resulted from a discussion of surrogacy. Franks and his wife have 3-year-old twins who were conceived through surrogacy. (AP Photo/Carolyn Kaster)

Suits seek to bar 2 Democrats seeking ex-Rep. Franks’ seat

Two of three Democrats running in the special primary election to replace former U.S. Rep. Trent Franks are facing lawsuits challenging their right to appear on the ballot.