Denton County Electric Cooperative d/b/a CoServ Electric Smart Grid Project
| Awardee | Denton County Electric Cooperative d/b/a CoServ Electric |
|---|---|
| Award Negotiation Status | Awarded |
| Headquarters Location for Lead Applicant |
Corinth, Texas |
| Recovery Act Funding Awarded | $17,205,844 |
| Total Project Value Including Cost Share |
$40,966,296 |
| ARRA Funding Percentage | 42.0% |
Company Overview
Denton County Electric Cooperative, located in Corinth, Texas, will receive $17.2 million in federal funds to develop a smarter energy grid. The U.S. Department of Energy chose Denton County Electric Cooperative as one of 100 companies selected nationwide as part of the American Recovery and Reinvestment Act of 2009. The proposed smart-grid plan calls for the installation of a 140,000 smart meter network that includes meters, two-way communications, computer systems, and a distribution network that will provide accurate, timely information about customer electricity consumption.
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