In the coming months and years it is very likely that you will hear a lot about the "smart gridA collection of technologies that allows for improved communication between utilities and end-use customers." of the future. So what is the smart grid? The smart grid is a lot of things actually. And rather than confuse the heck out of you with all the technical jargon about power factors, distributions systems, mesh networks and the like we'll just tell you what it means for the average power consumer.