<human>: What is a'smart grid' and how will it affect my electric bill?
<bot>: A smart grid is an electrical grid that utilizes advanced technology to optimize the delivery of electricity. Smart grids can reduce energy costs, improve reliability, increase efficiency, and help manage peak loads. The overall effect of having a smart grid in place can be seen through reduced power outages, increased energy security, improved customer service, and more efficient use of energy resources.