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The first month’s results of the Smart Grid Index (SGI) show that Smart Grid industry executives have a very positive view of future opportunities for Smart Grid technologies. Utilities were less pessimistic than those in the total sample both for total expenditures and the hiring of new personnel. Almost half of the vendors surveyed closed a new deal last month, while 75% of utilities expect to submit new Smart Grid proposals for budget approval over the next 12 months. Additionally, 79% of respondents believed that Smart Grid technologies could have helped restore power faster after Hurricane Sandy hit the Northeast U.S.
This study was conducted by Zpryme and FierceSmartGrid by surveying 240 smart grid executives from November 1st to November 7th of 2012. The survey was conducted online. Please note that percentages may not add up to 100 due to rounding. Three groups were used to inspect for differences: vendors (70% of sample), utilities (10% of sample), and total sample. The data are presented in figures 1 through 9 in this report.