Smart Grid Solutions Using ProFieldMETER™ Technology

Herndon, VA -

Smart Grid Solutions (SGS) has been awarded a contract by Consolidated Edison Company of NY, Inc. and Orange & Rockland (O&R) Utilities, Inc., both regulated operating companies of Consolidated Edison, Inc. (NYSE: ED), to install electric smart meters and gas smart modules.

The contract also includes building the supporting communications network for territory-wide coverage using SGS's industry-leading ProFieldMETER technology.

The contract is part of a landmark plan to deploy Advanced Metering Infrastructure (AMI) across Consolidated Edison Inc.'s service territory, which covers New York City and Westchester County, and Orange & Rockland's service territory, which includes those two New York counties, as well as adjacent parts of northern New Jersey. Approximately 3.9 million electric meters and 1.3 million gas meters are involved.

"Being selected for the largest, most comprehensive smart grid project awarded since SGS introduced its innovative ProField technology cements its premier position in the smart grid industry," says Shashi Gupta, Chief Executive Officer of SGS.

"We felt that the technology being offered by SGS would integrate seamlessly into our existing processes and help ensure that safety and productivity remain a priority for Consolidated Edison," says Tom Magee, General Manager of the AMI Implementation team.