Washington, Oct 27 -

This morning, President Obama announced a $3.4 billion investment in Smart Grid technology. Included in the announcement is a major award for Cobb EMC - $16,893,836.

"This is a major win for Cobb County and metro Atlanta," Congressman Scott said.  "I congratulate Cobb EMC for their hard work and encourage them to become a green energy model for the country. This announcement means good jobs and clean energy for the region."

This is the largest single Smart Grid modernization investment in U.S. history, funding a broad range of projects that will ease the nation’s transition to a smarter, stronger, more efficient and reliable electric system. The $3.4 billion are part of the American Reinvestment and Recovery Act, and will be matched by industry funding for a total public-private investment worth over $8 billion.

This investment includes the following:

HQ State	HQ City		Name of Awardee		Project Description	Recovery Act Funding
GA	Marietta	Cobb Electric Membership Corporation		Deploy 190,000 smart meters, covering 100 percent of the utility's customer base.  Implement communication infrastructure and load control switches, using state-of-the-art interoperable systems, servers, and data management technologies.			$16,893,836

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