VT To Get $69 Million For “Smart-Grid” Technology

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Vermont utilities are hailing a big shot of federal funding for smart grid technology.

Officials at Central Vermont Public Service and other utilities say the $69 million in federal funding announced Tuesday will move the state closer to having in-home displays of electrical usage and digitally controlled appliances that operate when power demand is light.

The grant will pay up to half the costs of $137 million in improvements across Vermont. The Vermont application was one of only 100 selected across the nation.

CVPS President Robert Young calls the grant a big boost to efforts already under way by his company to move to smart grid technology.

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