Under the agreement, Oncor will deploy a next generation Landis+Gyr advanced meter system (AMS) to empower seven million Texas consumers, through three million points of delivery, to independently manage their energy consumption, cut their energy bills and protect the environment.
The $690 million Oncor project, which includes Landis+Gyr’s AMS solution and other project costs, is reportedly the largest AMS rollout undertaken in Texas and one of the largest in the US.
Oncor noted that the company went through a vigorous review process that included technological capability, service quality and cost, before ultimately choosing Landis+Gyr.
Cameron O’Reilly, Landis+Gyr’s CEO, said: This is a significant win and confirms yet again our presence as a global industry leader in smart metering. Through this contract Texas will now be able to manage energy better.
