OG&E Earns $130 Million in Federal Funds

Oklahoma Gas and Electric utility awarded $130 million for its “smart-grid” program.
The Oklahoma City-based OG&E, a subsidiary of OGE Energy Corp., applied in August for the matching funds to speed up the deployment of its smart-grid technology across its 30,000-square-mile territory in Oklahoma and western Arkansas.
A smart grid requires the installation of digital electric meters at customer locations to replace existing electric meters, the company said in a statement.
The meters transmit information about electricity use to the utility company via a newly installed wireless communications network.

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