Investment in the future of electricity generation, transmission, and distribution continues to grow, with billions of dollars pursuing smart grid benefits such as better management of peak demand, improved grid reliability, and increased operational efficiency. Before embarking on an investment program, a utility should develop its vision for smart grid transformation and create a roadmap to reach its destination. This paper recommends a tool, The Smart Grid Maturity Model (SGMM), for planning and measuring smart grid progress that helps a utility answer:
1. Where are we now?
2. How do we compare with similar utilities?
3. Where do we want to go?
4. How will we go forward with modernization?
5. How can we track our progress?