$19M in federal funding for Maritime Electric project to move to smart meters

Egmont MP Bobby Morrissey has announced $19-million in federal funding for a $47.6-project being proposed by Maritime Electric.  That project would see Maritime Electric replace all of its customers’ current meters with smart meters.  Officials say that with those smart meters, crews will be able to more quickly detect potential power outages so that power is restored more efficiently; and produce better usage data which will make electricity bills more predictable. The project is expected to create over 100 new jobs, reduce greenhouse gas emissions by 80 tonnes annually.   The project does require the approval of the Island Regulatory and Appeals Commission.