Oklahoma utility receives stimulus funding
The Oklahoma City-based utility announced the award for its "smart-grid" program.
OG&E, a subsidiary of OGE Energy Corp., applied in August for the matching funds to speed up the deployment of its smart-grid technology across its 30,000-square-mile territory in Oklahoma and western Arkansas.
A smart grid requires the installation of digital electric meters at customer locations to replace existing electric meters.
The meters transmit information about electricity use to the utility company via a newly installed wireless communications network.
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Warren Buffett’s Secret To Cheap Electricity: Wind
OMAHA NE - In his latest letter to Berkshire Hathaway shareholders, Warren Buffett used the 20th anniversary of Berkshire Hathaway Energy to tout its cheap electricity bills for customers.
When Berkshire purchased the majority share of BHE in 2000, the cost of electricity for its residential customers in Iowa was 8.8 cents per kilowatt-hour (kWh) on average. Since then, these electricity rates have risen at a paltry <1% per year, with a freeze on rate hikes through 2028. As anyone who pays an electricity bill knows, that is an incredible deal.
As Buffett himself notes with alacrity, “Last year, the rates…
