Smart grid is a new revolution in the energy sector in which the aging utility grid will be replaced with a grid that supports two-way communication between customers and the utility company. There are two popular smart-grid reference architectures. NIST (National Institute for Standards and Technology) has drafted a reference architecture in which seven domains and actors have been identified. The second reference architecture is elaborated by ETSI (European Telecommunications Standards Institute), which is an extension of the NIST model where a new domain named distributed energy resources has been added. This chapter aims at identifying the use of IoT and IoT-enabled technologies in the design of a secure smart grid using the ETSI reference model. Based on the discussion and analysis in the chapter, the authors offer two collaborative and development frameworks. One framework draws parallels’ between IoT and smart grids and the second one between smart grids and edge computing. These frameworks can be used to broaden collaboration between the stakeholders and identify research gaps.