Smart meter maker Itron reported better than expected fourth quarter and annual 2009 earnings late Wednesday. That wasn’t too shocking given Itron has been expected to turn around this year as it has started shipping significant volumes of smart meters to utilities. But what was surprising in the company’s conference call was this nugget that CEO Malcolm Unsworth let out about how some utilities might potentially be thinking about rejecting the smart grid stimulus funds because of certain tax restrictions.
via Some Utilities Considering Rejecting Smart Grid Stimulus Funds?.
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