This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Itron Selected By Duquesne Light For Smart Metering Technology And Services

Itron, Inc. (NASDAQ:ITRI) announced today that Duquesne Light has signed a contract with Itron for the deployment of Itron’s smart metering solution across the utility’s entire service territory. The contract signing follows approval from Duquesne Light’s Board of Directors and Pennsylvania Public Utility Commission (PAPUC).

As a part of Duquesne Light’s smart meter program, Itron will replace the utility’s existing 625,000 electricity meters with Itron smart meters, implement sophisticated back-office data collection software, supply critical network communications infrastructure, and provide comprehensive professional services. Itron smart meters will be installed on homes and businesses to meet the requirements outlined in ACT 129 passed by the PA legislature in 2008.

“We rigorously evaluated smart grid vendors and their solutions, and Itron’s solution proved to be highly flexible and offered the most robust capabilities. We are confident Itron’s feature-rich and reliable technology will put us in the best position to meet our business objectives as well as the requirements of Act 129 and the PAPUC Smart Meter Implementation Order,” said Dave Wolfe, Director of Technology, Duquesne Light Company.

To ensure the success of the project and the realization of the long-term goals of their program, Itron will be involved with all aspects of the full deployment, including consulting, meter exchange, project management, training and support.

“We’re proud to work in partnership with Duquesne Light as their smart metering program evolves into a full-scale deployment,” said Mark de Vere White, president of Itron’s electricity business line. “We look forward to delivering the technology and services that will help Duquesne Light manage resources and provide reliable service to its customers.”

About Itron

Itron is a global technology company. We build solutions that help utilities measure, manage and analyze energy and water. Our broad product portfolio includes electricity, gas, water and thermal energy measurement and control technology; communications systems; software; and professional services. With thousands of employees supporting nearly 8,000 utilities in more than 100 countries, Itron empowers utilities to responsibly and efficiently manage energy and water resources. Join us in creating a more resourceful world; start here: www.itron.com.



1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,661.27 -219.09 -1.30%
S&P 500 1,941.95 -28.12 -1.43%
NASDAQ 4,391.7730 -71.1290 -1.59%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs