President-elect Barack Obama during a speech on Thursday, January 8, called for the upgrading of the outdated U.S. electrical grid to a “smart grid.” The smart grid will save the U.S. money, protect the power sources from blackout or attack and deliver clean, alternative forms of energy to all corners of the nation. The installation of the smart grid could cost up to $2 trillion dollars over the next 20 years. Infrastructure investments will do more to bolster future economic strength of the U.S. than tax refunds and rebates.
http://money.cnn.com/2009/01/06/news/economy/smart_grid/index.htm?postverson=2009010808