Assistant General Manager, Burbank Water and Power
Assistant General Manager for Burbank Water and Power, which just won a $20 million Federal grant to fund the installation of smart meters
PROFILE
Fred Fletcher
Guest
FROM Fred Fletcher
To the Point
The Cost of Renewable Energy Last week, President Obama doled out $3.4 billion in federal grants for renewable energy projects including " smart meters ," designed to allow consumers to track the electricity they use and, hopefully, change their habits. They're said to be the first step to what's called a " smart grid ." Twenty million dollars went to Burbank Water and Power , the publicly owned utility in a suburb of Los Angeles. Florida Power and Light also received "smart meter" grants, as well as $200 million for a solar photovoltaic plant, much praised by President Obama. That private company has a subsidiary named NextEra , which is developing solar energy "farms" in Southern California.
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