(Washington, DC) The economic and efficiency benefits of the smart grid could prove a boon to the local communities across America, especially if broadband networks expand to reach into rural areas and the costs of the smart grid are carefully weighed by regulators, according to experts on community development speaking at UTC's Smart Grid Policy Summit here today.
"We have never seen anything like smart grid," Glenn Steiger, General Manager, Glendale Water and Power said. Despite a string of benefits that smart grid technology deliver to the utility, the community is the biggest winner. "We're very excited to help the rest of our city in partnership. This is not just a utility program but a citywide program," he said.