It is imperative that industry leaders begin to create greater understanding, shape policy and work together so that we can continue the great history of this industry "powering the economy of this country." The destiny of our industry is dependent more upon the leadership rather than the technology. Yes, technology is the enabler, but the leadership is the gate keeper. Gate keepers determine what, where, when and how something progresses. 

Industry leaders agree that if done properly, smart grid deployment could have profound implications on this industry. Deployments of large-scale smart metering projects, distributed generation and energy efficiency measures are taking place throughout our country and across the globe. Some projects have found success, while others have achieved results that are leaving many scratching there heads as to whether smart grid is all that it is advertised. 

"If the technology is there and is made available for some consumers, others will buy it even if their utilities may not be able to support it," says Howard Scott, managing director of the New Jersey-based consulting firm, Cognyst Advisors. "To level the playing field, it is likely that utility commissions will then force all utilities to offer smart grid services. Thus, the marketplace will begin to influence the rules governing how electric utilities will operate."

This leaves utility leaders with the reality that smart grid is building steam, and it may be progressing with or without us. Industry leaders have an opportunity to demonstrate to our consumers that we have the competency and capacity to lead our independent organizations and collective industry to meet their expectations. At the same time, our economy can be powered back to health.