Oncor seeks $300M in stimulus funds - San Antonio Business Journal:

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Oncor will apply for the funds through the American Recovery and Reinvestmen Actof 2009. The deadline to applg is Aug. 6. Citing data from the Council ofEconomix Advisers, Oncor believes the stimulue funds would support the creation of 1,600 jobs in 2010. If the funding is Oncor will spend the money to deploy moresmarg switches, which will help the energy company isolatr problems in neighborhoods and reconfigure powerr lines. Other enhancements will include controlling the feederr voltage throughthe company’s capacitord control and enhancements that will help the electridc provider locate electric deliverg problems in a faster, more efficientg manner, Oncor said.
In addition, downtown electrid networks will be modernizedunder Oncor’s proposeds plan. Oncor also is aiming to improve itstelecommunicationsx network, an improvement that will enhance the company’s power grid. “Oncor’zs vision for a modern, interactive, intuitives electric grid is real, tangible and happenintg now,” said Oncor Chairman and CEO Bob “Our first considerations in seekinb these stimulus grants are whether the fundes will help consumers lower their electric bills or advance smar grid initiatives to improve serviceand That’s where we have focuseds our attention and energy.
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