President Obama traveled to Florida to announce smart grid funding at a solar farm unveiling, because using solar energy there exemplifies what is smart about smart grids. After all, Florida has 343 sunny days per year, and yet it generates most of its electricity by burning fossil fuels. Look for municipalities to increasingly turn to local alternative energy generation in your neighborhood over the next decade. R.C.J.
President Obama announced $3.4 billion in stimulus subsidies for smarter electricity generation and distribution in a new Recovery Act program. Slated to bring the total number of smart meters to 40 million, or more than 30 percent of U.S. households, the new program will consist of 100 grants in 49 states. Speaking at DeSoto Next-Generation Solar Energy Center (Arcadia, Fla.), Obama unveiled the $3.4 billion in stimulus subsidies, which will balloon to $8.1 billion with required matching funds from utility companies.