Glendale's heralded smart grid stimulus project hits a snag
The first city in the nation to receive smart grid funding under the American Recovery and Reinvestment Act is running out of money and time - with work still left to do. A report in the Glendale News-Press says a stripped-down city budget dramatically decreased funding in the final year of Glendale Water & Power's smart grid project, leading officials to ask the DOE for a deadline extension.
According to the report, the municipal utility had expected to spend $10 million on the finishing touches to its smart grid project this fiscal year, but the city council approved only $450,000. An electricity rate increase or bond approval are possibilities for making up the shortfall.