Utility company AEP Texas has signed a new agreement with Landis+Gyr, owned by Toshiba and the Innovation Network Corporation of Japan, for the installation of smart meters across its entire service territory.
AEP had previously contracted Landis+Gyr to provide 720,000 of its “Gridstream” meters, 500,000 of which have now been deployed. Under the new deal, Landis+Gyr will provide an additional 280,000 meters to the rural areas of AEP’s service territory not covered as part of the original agreement.
“The proven success of the Gridstream RF mesh network in rural applications had a big influence on this contract extension,” said Prasanna Venkatesan, senior vice president of systems and services at Landis+Gyr, in a press release. “We’re excited by this opportunity to extend a very successful project and position AEP Texas to enable energy management and grid automation solutions across the utility’s service territory.”
AEP Texas began deploying the Gridstream network and advanced meters in 2009, with a goal of replacing all meters by 2014. Its service territory covers more than 1 million homes and businesses across nearly 100,000 square miles. It is part of the American Electric Power system, which provides electricity to more than 5 million customers in 11 states.
Landis+Gyr claims to be the world’s leading provider of energy management products, with operations in more than 30 countries and about 5,000 employees.