Lakeland Electric Smart Grid Project
| Awardee | Lakeland Electric |
|---|---|
| Award Negotiation Status | Awarded |
| Headquarters Location for Lead Applicant |
Lakeland, Florida |
| Recovery Act Funding Awarded | $14,850,000 |
| Total Project Value Including Cost Share |
$35,078,152 |
| ARRA Funding Percentage | 42.3% |
Company Overview
lakeland Electric, located in Lakeland, Florida, will receive $20 million in funding to develop a smarter energy grid. The U.S. Department of Energy selected Lakeland 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 more than 125,000 smart meters network for residential, commercial and industrial electric customers across the utility's service area.
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