Sioux Valley Southwestern Electric Cooperative, Inc., located in Colman, South Dakota, will receive $4 million in funding to develop a smarter energy grid. The U.S. Department of Energy selected Sioux Valley Southwestern Electric as one of 100 companies to receive federal stimulus funds as part of the American Recovery and Reinvestment Act of 2009. The stimulus funds will be used to install a smart grid network across the full customer base - 23,000 smart meters - that will allow for automated electricity readings and additional monitoring of the system in case of outages or disruptions, for which the efforts began in 2010.
-Reduced Electricity Costs for Customers
-Reduced Operating and Maintenance Costs
-Increased Electric Service Reliability and Power Quality
-Reduced Costs from Equipment Failures, Distribution Line Losses, and Theft
-Deferred Investment in Generation Capacity Expansion
-Reduced Greenhouse Gas Emissions