Some of our grid infrastructure has not been updated since it was first built in the 1920s and 1930s. This causes hundreds of avoidable power failures and interruptions each year. Today, power failures cost the economy $164 billion annually, stemming from impacts like lost productivity and wasted food. Those costs are only expected to increase as climate change causes more extreme weather, which can knock the power out. Additionally, our grid is highly centralized and therefore susceptible to cyber and physical attacks. Technology development in clean energy resources and electric grid improvements have enabled “smart” technologies, programs and policies to create a safer, more sustainable energy system. The “smart grid” offers real benefits for consumers and the environment.