Duke Energy to bring

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The settlement also included , the Duke Energy Indianaq Industrial Group and theThe $445 million project is subject to approval by the and is expectede to take five to six years. Duke said in a news releasse that it will apply for stimulus funds through the America n Recovery and Reinvestment Act to help pay for the The current analog system used by most energyg companies delivers power and doeslittlew else, said Jim Stanley, president of Duke Energy “Smart grid, with its digital, two-way communication will transform how we operate our systenm – improving customer service, power reliabilityh and the efficiency of our transmission and distributionb system,” he said in the • The ability of consumerxs to track their energy usage daily and use appliances as they come on the market.
consumers would be able to monitor and manage theirf energyuse online, and use other cost- and energy-saving • A communications system that would allow Duke to detect trouble on power liness before outages develop and move to prevent • Smart meters that reduce the expense of on-sitre reading, and provide more information to the Duke hopes to install 800,000 meters throughout its 69-county servicwe area. • Other technology to automats the power delivery system and increasseits reliability. The company has aboutr 775,000 customers in making it the largest electric supplier in the DukeEnergy (NYSE: DUK), based in N.C.
, includes the former Cincinnati Gas & Electric Co., Union Light, Heat and Power in Kentucku and PSI Energy in Indiana. The company also operates Duke Power inthe