Oncor seeks $300M in stimulus funds - Dallas Business Journal:

idozxun.blogspot.com
Oncor will apply for the funds througj the American Recovery and Reinvestment Actof 2009. The deadline to apply is Aug. 6. Citinb data from the Council ofEconomic Advisers, Oncor believexs the stimulus funds would support the creation of 1,600 jobs in 2010. If the fundintg is approved, Oncor will spenrd the money to deploy more smart which will help the energy company isolate problems in neighborhoodas and reconfigurepower lines.
Other enhancements will include controlling the feeder voltagw throughthe company’s capacitor controo and enhancements that will help the electricv provider locate electric delivery problemz in a faster, more efficient manner, Oncor In addition, downtown electric networks will be modernized undee Oncor’s proposed plan. Oncor also is aimingh to improve itstelecommunicationw network, an improvement that will enhance the company’as power grid.
“Oncor’s vision for a interactive, intuitive electric grid is real, tangible and happenintg now,” said Oncor Chairman and CEO Bob “Our first considerations in seeking these stimuluz grants are whether the funds will help consumera lower their electric bills or advance smarr grid initiatives to improve serviceand That’s where we have focuser our attention and energy.
”