Salt River Project hires Landis+Gyr in $185 million, ten-year deal

Utility Salt River Project has recruited Landis+Gyr to carry out a $185 million upgrade of its metering infrastructure and prepay technology.

The work is to be carried out in a phased installation across Salt River Project’s service territory – which covers central Arizona – and is expected to take up to ten years.

In a statement, Salt River Project (Tempe, AZ, USA) said it planned to deploy Landis+Gyr’s (Zug, Switzerland) Gridstream RF network this summer to support ongoing improvements to the technology currently used by its 142,000 prepay customers.

The utility claims that its M-Power program is the largest electric prepayment program in the US, having been in operation since 1993.

Once Gridstream has been introduced, Salt River Project says it will begin work on the installation of more than a million smart meters supplied by Landis+Gyr, providing “both credit and prepayment options” for all of its customers.

“Our M-Power program has been very successful and we will now have the tools to expand prepayment options to our entire customer base in coming years,” said Michael Mendonca, the senior director of revenue cycle services at Salt River Project. “This agreement with Landis+Gyr will provide SRP with the technology to deliver our customers convenient access to a broader range of information and support more payment choices than our existing solution. It will be a significant step forward for us.”

Landis+Gyr says it is working with a number of utilities on the deployment of Gridstream and to support the delivery of prepayment technology for utility services.

Describing itself as the third-largest public power utility in the US, Salt River Project is thought to provide electricity services to about 985,000 in central Arizona, including the Phoenix metropolitan area.