Approximately $363m was spent by the company through a combination of matching funds and additional investments, to accelerate smart grid implementation and increase the reliability, efficiency and security of the grid.
Southern Company Services president and CEO Kimberly Greene said, "The projects funded through the Smart Grid Investment Grant are enhancing our ability to efficiently and reliably meet customers’ needs."
The smart grid technologies are expected to enable the company to monitor and control the electric infrastructure in real time and quickly respond to existing and potential problems.
Additionally, the four-year project led to a reduction in more than 6,000t of carbon dioxide emissions, including generation reduction, and over $5m in savings, while helping the company and its subsidiaries avoid around 84,900 truck trips for service calls, through September 2013.
