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April 5, 2010

Black Hills Corp. and Department of Energy Reach Agreement for Smart Grid Funding


Black Hills Corp. announced that it has successfully reached agreement with the Department of Energy for smart grid funding through grants totaling $20.7 million for its electric utility subsidiaries, Black Hills Energy - Colorado Electric, Black Hills Power and Cheyenne Light, Fuel & Power. The funds are made available under the American Recovery and Reinvestment Act of 2009 and, combined with matching investments from the Black Hills electric utilities, enable the installation of about 149,000 smart meters and related infrastructure investments.

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Posted by mopeng at April 5, 2010 8:20 PM