(Source: The Miami Herald)

By John Dorschner, The Miami Herald
Oct. 28--Florida Power & Light is getting $200 million in federal
stimulus money to provide more than half its customers with "smart meters"
over the next two years to help them lower their electric bills, the Obama
administration announced Tuesday.
The grant is one of 100, totaling $3.4 billion, that the federal
government is making in the "largest-ever investment in a smarter, stronger,
and more secure electric grid," President Barack Obama said Tuesday after
touring a new FPL solar facility in Arcadia.
Obama praised FPL for building the world's largest photovoltaic
generation plant, saying it would save 575,000 tons of greenhouse gas
emissions over the next 30 years, while noting that the system-wide grid needs
to be improved because it "still runs on century-old technology. It wastes too
much energy, it costs us too much money, and it's too susceptible to outages
and blackouts."
Smart meters, which were introduced in Broward in a 2007 pilot program,
have wireless chips sending information that customers can access through an
in-home energy panel, or over the Internet or by talking to an FPL service
rep.
That way, customers can see day-by-day and hour-by-hour how they use
electricity. By playing around with the settings of water heaters and air
conditioners, customers can see over time how to lower their electric bills.
Reducing power usage means less production of the greenhouse gases that
experts say cause global warming. Such green endeavors have been an Obama
priority in allocating dollars in the Recovery Act.
The stimulus money, which is meant to be spent over the next two years,
will be matched by $378.3 million from FPL to give meters to 2.6 million
customers, the utility said. Altogether, FPL plans to install smart meters for
all 4.5 million of its customers over the next few years. The total cost will
be $800 million, with FPL bearing the remainder of the costs.
Some of the stimulus money will go to "build a more intelligent network
that can detect potential problems and automatically reconfigure the grid to
minimize outages," according to an FPL fact sheet.
Earlier this month, the utility promised federal regulators to improve
the operation of its grid after paying a $25 million penality because a simple
blunder by a field worker caused a massive blackout for almost one million
customers.
FPL estimated that during the next two years, the project, Energy Smart
Florida, will create more than 6,000 jobs -- counting directly those who
install the meters and reconfigure the grid and indirectly those that build
the equipment.