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Idaho Power Signs DOE Smart Grid Funding Contract

April 3, 2010 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

IDACORP, Inc. subsidiary Idaho Power signed a contract with the U.S. Department of Energy (DOE), securing $47 million in stimulus funding as part of the DOE’s Smart Grid Initiative.

Idaho Power’s http://www.idahopower.com/ Advanced Metering Infrastructure (AMI) program, including smart meters, was previously approved by the Idaho Public Utilities Commission. The AMI program provides the matched funding requirement for the DOE Smart Grid stimulus grant.

“We are very pleased with the outcome of this funding opportunity as it allows us to advance planned technology projects which improve our grid and provide customers with more information to make better energy consumption choices,” said Dan Minor, executive vice president of Operations for Idaho Power.

Full Story: http://www.idahopower.com/NewsCommunity/News/mediaCenter/NewsReleases/showPR.cfm?prID=2367