Chattanooga's utility built a $280 million smart grid, creating $2.7 billion in economic value.
The local utility, called EPB of Chattanooga, spent $280 million to refurbish its power system with smart technologies to make a "smart grid."
The traditional power grid carries electricity from a power plant to homes and commercial buildings.
Smart grids can bring huge economic benefitsEven Congress knows the nation needs a smart grid.
Though a smart grid requires a big up-front investment, it can save a lot of money down the line.
Persons:
—, That's, Tiago Majuelos, Monika Skolimowska, Kevin Schneider, Schneider, Joshua Rhodes, David Wade, EPB, Wade, Taylor, David Swanson, We're
Organizations:
Infrastructure, Service, Chattanooga Smart, US Department of Energy, Wall Street, Getty, Pacific Northwest National Laboratory, American Society of Civil Engineers, University of Texas, Department of Energy, C Electric Company, BI, Reuters, Nationwide
Locations:
Chattanooga , Tennessee, Chattanooga, Tennessee, EPB, California, Austin, Hamilton County, Palm Springs , California, Columbia, Southern California