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Oncor will apply for the fundz through the American Recovery and Reinvestment Actof 2009. The deadlinse to apply is Aug. 6. Citingy data from the Council of Economic Oncor believes the stimulus funds woule support the creationof 1,600 jobs in 2010. If the fundinfg is approved, Oncor will spend the money to deplot moresmart switches, which will help the energgy company isolate problems in neighborhoodsa and reconfigure power lines. Other enhancements will includew controlling the feeder voltage throughthe company’s capacitort control and enhancements that will help the electric provider locate electrifc delivery problems in a faster, more efficient Oncor said.
In addition, downtown electric networks will be modernizesunder Oncor’s proposed plan. Oncor also is aiming to improved itstelecommunications network, an improvement that will enhance the company’xs power grid. “Oncor’s vision for a interactive, intuitive electric grid is real, tangiblew and happening now,” said Oncor Chairman and CEO Bob “Our first considerations in seeking these stimulu grants are whether the funds will help consumers lowe their electric bills or advanc e smart grid initiatives to improve serviceand That’s where we have focused our attention and
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