EPRI Smart Grid Cost Benefit

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This report presents a comprehensive framework for estimating the benefits and costs of Smart
Grid projects and a step-by-step approach for making these estimates. The framework identifies
the basic categories of benefits, the beneficiaries of these benefits, and the Smart Grid
functionalities that lead to different benefits and proposes ways to estimate these benefits,
including their monetization. The report covers cost-effectiveness evaluation, uncertainty, and
issues in estimating baseline conditions against which a project would be compared. The report
also suggests metrics suitable for describing principal characteristics of a modern Smart Grid to
which a project can contribute.

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(EPRI Smart Grid Cost Benefit)

smartgrid.gov/sites/default/files/pdfs/methodological_approach_for_estimating_the_benefit s_and_costs_of_sgdp.pdf