Wel..well..well...I knew I would find where Progress got stimulus dollars if I looked:
http://www.bizjournals.com/triangle/stories/2009/10/26/daily24.html
Progress Energy has won $200 million in federal stimulus money to help fund development of a $520 million electric “smart grid” in the Raleigh-based utility company’s Carolinas and Florida territories.
The award was among dozens announced Tuesday by President Barack Obama. All told, the federal government unveiled $3.4 billion in Smart Grid Investment Grants through the American Reinvestment and Recovery Act of 2009.
The official government description of the grants says that Progress Energy Service Co. LLC, a Progress Energy (NYSE: PGN) subsidiary, will use the $200 million to help “build a green Smart Grid virtual power plant through conservation, efficiency and advanced load shaping technologies, including installation of over 160,000 meters across its multi-state area.”
Read more: Progress Energy wins $200M in stimulus funds for ‘smart grid’ | Triangle Business Journal
Which around the time they announced they were going green. Good find.
$200 million for a utility isn’t much...
Posted on one of the first threads that her husband (WH AID) was instrumental in getting the stimulous bill passed.
MMM MMM MMM