Landis+Gyr, a global provider of energy management and next-generation smart-grid solutions for utilities, has announced a five-year advanced-metering contract with AEP Texas, a unit of American Electric Power.
Under terms of the agreement, Corpus Christi, Texas-based AEP Texas will deploy Landis+Gyr's Gridstream advanced-metering solution across the utility's Texas service territory.
The Gridstream network will provide two-way communication to 700,000 metering endpoints and enable more than 2 million Texas consumers and businesses to better manage their use of electricity.
‘As the demand for electricity continues to outpace development of energy resources, using smart-grid technologies to improve energy management is critical to ensuring our energy future,’ says Richard Mora, CEO of Landis+Gyr NA. ‘AEP Texas is adopting technology that will improve efficiency and help control rising costs, while making it easier to use alternative sources of energy.’
This advanced-metering infrastructure deployment includes a two-way network and features an advanced digital meter with load limiting and remote service capability, along with connectivity to home area network devices. This will allow AEP Texas to send energy consumption information and real-time pricing signals to consumers, as well as provide automated load management options.
SOURCE: Landis+Gyr AG