Pepco seeks $254M in stimulus money - Washington Business Journal:

qalymeled.wordpress.com
the mid-Atlantic and New The grants, if approved, would come from the Departmentr of Energy under the American Recovery and Revitalizatioj Act Smart Grid InvestmentGrant Program. Pepco is seeking the largest funding for smartgrid technology, $142 million, to help pay for advancedd metering, distribution automation and direct load equipmeny in the District and Maryland. Pepco’s Delmarva which has customers in Marylandand Delaware, is seeking $93 million in smart grid grants for similar upgrades.
Pepco’s Atlantic City Electric, with customers in Southernj New Jersey, will apply for $19 “Every dollar we obtain from the federal governmenyt offsets the cost customers would otherwise pay to make these important improvements tothe system,” said Pepcoi Region president Thomas Graham in a statement. The amounts requestedx would pay for half of the total cost of the maximum possible under the grant Pepco said. Pepco (NYSE: POM) follows Baltimore Gas Electric, which is applying for $200 millionb in smart grid stimulus funds. Dominionb Power is also seeking $200 million in stimulus grantzs to install smart meters in each ofits territory’sz 2.
3 million homes and businesses by 2012, two years earlieer than originally planned when the Virgini utility first announced its $600 millioj smart grid plans last In a separate electric utility studyt whose results were released Thursday, Pepco had the highesf jump of any utility nationwide in customedr satisfaction from last year to this going from an 11th place ranking to fourth place amonvg 17 large utilites in the easterjn region, which covers Maryland and D.C.
In that same list, BG&s ranked as the 15th Though, Pepco scored one point shy of the nationak average in customerreviews -- which through online interviews, rated the utilities on power quality, grid reliability, price, billing, corporates citizenship, communications and customer Still, the local utility scored well above the easterh regional average. Dominion Virginia Powere ranked ninth this year amonv 13large utilites, earning one more point than the nationao average, but scoring below the high regionak average in the southern region, which includes Virginia.