Exelon Corporation (EXC), Ameren Corp (AEE), PPL Corporation (PPL): A Trio of Dividend Stocks Getting Smart About Smart Grids

Cutting out outages is undoubtedly a win for customers, PPL’s new automated circuits reduce field crew hours, can reduce the damage to an electrical system, and (most importantly) keep the revenue coming in even as repairs take place.

PPL plans to spend $100 million on additional smart grid deployment over the next five years. For general infrastructure development that complements smart grid work, the utility is coughing up a whopping $3.8 billion over five years. But if the company’s pilot project is any evidence, these are worthwhile investments that will push PPL’s profits further than ever.

Foolish bottom line
Smart grid technology investments took a beating during the Great Recession, and only now are utilities gearing up real growth opportunities. It’s uncharted water for every energy company out there, but visionary leaders already know that smart grid technology is an intelligent investment.

The article 3 Dividend Stocks Getting Smart About Smart Grids originally appeared on Fool.com and is written by Justin Loiseau.

Fool contributor Justin Loiseau has no position in any stocks mentioned. You can follow him on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo.The Motley Fool recommends Exelon. 

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