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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (34969)	8/5/2009 4:06:28 PM
From: E_K_S	Read Replies (1) \| Respond to of 78748

More stimulus money in play. finance.yahoo.com CenterPoint Energy Applies for $200 Million Federal Stimulus Grant to Accelerate Current Smart Meter Project and Begin Building Self-Healing Grid Scalable, replicable smart grid would increase electric service reliability for the nation's 4th largest city and 'energy capital of the world' "...If granted, CenterPoint Energy Houston Electric will use $150 million of the requested $200 million grant to accelerate its current smart meter and associated equipment installation that make up its Advanced Metering System (AMS). The $50 million balance will be used to accelerate the installation of the first phase of CenterPoint Energy Houston Electric's Intelligent Grid (IG) that utilizes the AMS and other technologies to build a self-healing grid, and improve operational efficiency and reliability...." --------------------------------------------------------------- Seems like as good of a use of the funds as the "Cash For Clunker" program. Disclosure, I am a shareholder of CPN and hopefully the stimulus grant will help my portfolio. EKS