Smart Grid refers to an improved electricity supply chain that runs from a major power plant all the way inside your institution.

The basic concept of Smart Grid is to add monitoring, analysis, control, and communication capabilities to the national electrical delivery system to maximize the throughput of the system while reducing the energy consumption. The Smart Grid will allow utilities to move electricity around the system as efficiency and economically as possible. It will also allow the homeowner and business to use electricity as economically as possible . Foe example , you may want to dry your clothes for 5 cents per kilowatt-hour at 9:00 pm in stead of 15 cents per kilowatt-hour at 2:00 pm in the afternoon. You will have the choice and flexibility to manage your electrical use while minimizing your costs.

Smart Grid builds on many of the technologies already used by electric utilities but adds communication and control capabilities that will optimize the operation of the entire electrical grid. Smart Grid is also positioned to take advantage of new technologies, such as plug-in hybrid electric vehicles, various forms of distributed generation, solar energy, smart metering, lighting management systems, distribution automation, and many more.