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Landis+Gyr, Puget Sound Energy Extend Contract for Advanced Metering Services

Under terms of the contract, Landis+Gyr provides management of the advanced meter network and meter data retrieval for PSE’s 1.1 million electric and 800,000 natural gas meters. Landis+Gyr began installing the PSE meter reading network in 1997 and completed the final phase of deployment in 2006.

“A long-term relationship like this illustrates the expertise and value Landis+Gyr is able to bring utilities as both a technology developer and a service provider,” said Richard Mora, CEO of Landis+Gyr North America. “PSE has been great in helping us build that experience and advance our technology.”

In addition to a variety of service offerings – from turnkey smart grid deployments to data hosting – Landis+Gyr continues to provide fully managed service agreements that include end-to-end maintenance, management and support for network, meter and data systems. PSE is one of 20 utilities that currently contract with Landis+Gyr to operate and maintain their meter networks. The fixed RF network installed at PSE provides the utility with daily meter data used for billing and operations purposes. It also offers a proven migration path to deploy the two-way Gridstream network for utilities requiring two-way communication for demand response and customer engagement activities.

“PSE has realized a number of operational and customer service benefits over the years from Landis+Gyr in deploying and maintaining our meter reading network,” said Rudiger Wolf, PSE Vice President and Chief Information Officer. “Extending our contract with Landis+Gyr positions us to maintain our current capabilities and plan for the future requirements of our system to meet customer needs.”

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About Landis+Gyr
Privately held Landis+Gyr is the leading global provider of integrated energy management products tailored to energy company needs and unique in its ability to deliver true end-to-end advanced metering solutions. Today, the Company offers the broadest portfolio of products and services in the electricity metering industry, and is paving the way for the next generation of smart grid. With annualized sales of more than US$1.5 billion, Landis+Gyr operates in 30 countries across five continents, and employs 5,000 people with the sole mission of helping the world manage energy better.

About Puget Sound Energy
Washington state’s oldest local energy utility, Puget Sound Energy serves more than 1 million electric customers and 750,000 natural gas customers in 11 counties. A subsidiary of Puget Energy, PSE meets the energy needs of its customer base through incremental, cost-effective energy efficiency, procurement of sustainable energy resources, and far-sighted investment in the energy-delivery infrastructure. PSE employees are dedicated to providing great customer service and delivering energy that is safe, reliable, reasonably priced, and environmentally responsible. For more information, visit www.PSE.com.

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Dan Jacobson