As the global momentum for energy efficiency and sustainability grows, so does the interest and need for smart grid demonstration projects in the Research Triangle Area. The Centennial Campus Smart Grid Feasibility Study is a support document to be used by NC State University in the strategic planning and implementation of a smart grid demonstration project. Much of the university research in this report shows that high profile university projects are often part of collaborative, regional smart grid projects, typically focusing on the research side of the project. Additionally, some universities have a comprehensive, coordinated effort to install smart grid technologies on their campus grid. By being among the first to implement a smart grid demonstration project on the University electric distribution grid while also offering training and research opportunities, NC State University is poised to distinguish itself among peer institutions.