• Smart Grid Benefits

    1.

    Reliability of the system increases: Through improved monitoring and management technologies, the Smart Grid will self-heal by redirecting energy during power outages to provide more reliable service.

    • Higher customer satisfaction
    • Operates resiliently against attack and natural disaster.
    • Increased employee safety
    • Meet increasing demand
    • Decreases brownouts, blackouts, and surges
    2.

    Improve Efficiency: Greater information and control over the grid will allow operators to draw energy supply from more efficient, renewable resources and optimize the grid assets.

    • Reduces lines losses on both T & D
    • Reduces transmission congestion
    • Reduces peak load and energy consumption
    • Reduces use of inefficient generation
    • Extend life of system’s assets
    • Increase asset utilization
    3.

    Improves Economic: Improved reliability will give monetary benefit to customers, society, utilities and government.

    • Increases revenues as theft of service is reduced
    • A flatter load profile will reduce operating and maintenance (O&M) costs
    • Increases opportunity to reduce transportation costs by using EVs
    • Reduces capital cost
    • Increases opportunity to sell electricity back to the grid
    • Increases opportunity to leverage RERs
    • Increases opportunity to reduce customers' energy consumption
    4.

    Improves Environmental: The Smart Grid is necessary for the efficient integration of renewable energy, leading to fewer greenhouse gas emissions and reduced use of peak energy generators.

    • Reduces use of inefficient generation
    • Improved public health
    • Reduces green house gas emission
    • Support renewable energy resources
    5.

    Self-Healing: A smart grid automatically detects and responds to routine problems and quickly recovers if they occur, minimizing downtime and financial loss.

    6.

    Motivates and Includes the Consumer: A smart grid gives all consumers - industrial, commercial, and residential - visibility into real-time pricing, and affords them the opportunity to choose the volume of consumption and price that best suits their needs.

    7.

    Resists Attack: smart grid has security built-in from the ground up.

    8.

    Accommodates All Generation and Storage Options: A smart grid enables "plug-and-play" interconnection to multiple and distributed sources of power and storage (e.g., wind, solar, battery storage, etc.)

    9.

    Optimizes Assets and Operates Efficiently: A smart grid enables us to build less new infrastructure, transmit more power through existing systems, and thereby spend less to operate and maintain the grid.