The Smart Grid Is On Its Way -- Slowly

clipped from www.greenbiz.com Today, President Obama travels to Arcadia, Florida, home to one of the nation’s biggest solar power plants, to announced 100 grants providing a total of $3.4 billion in recovery-act funding for the smart grid. The federal money will unleash $4.1 billion of private investment that, according to the government, that will bring smart meters to about 18 million American homes, or 13 percent of homes. What would a smart grid mean to you? In theory, you could save money by running appliances like dishwashers or dryers at night when electricity is cheaper. You’d know how much it costs you to watch that big-screen TV. (Care to take a guess? Read on.) If you installed solar panels on the roof, you could sell electricity back to the grid. Or recharge that electric car you may buy in 2010 or 2011. The laudable goal is to empower consumers to buy electricity the way we buy groceries or gasoline or airplane tickets -- where we know what we are getting and what it costs when we make purchasing decisions