“We are proud to offer this new service to our member communities as they pioneer the future of energy in Georgia. To offer the best service, we have teamed with GE — a trusted industry leader — to implement low-cost, effective solutions and to improve the use and delivery of energy to the cities’ customers,” said Keith Bass, CEO of Electric Cites of Georgia. “The City of Norcross is the first municipality in Georgia to take advantage of our Grid Modernization service, which provides a low-risk improvement of utility operations and ultimately benefits their customers.”Grid modernization projects are capital intensive, but GE’s SaaS offering allows the utility to modernize its operations on an OPEX basis versus a CAPEX basis. This change can minimize the utilities’ initial project expenses, and smaller utilities and cooperatives supporting municipalities can expect benefits that could increase their net income. Grid IQ SaaS replaces the utilities’ IT infrastructure requirements with cloud-based computing and helps utilities manage risks associated with long-term technology investment decisions. SaaS transfers the investment need from the utility to GE by deploying a standard system. “GE’s Grid IQ SaaS offers utilities a new method for monitoring, managing and controlling their grids more intelligently,” said Mike Carlson, general manager of smart grid solutions for GE’s Digital Energy business. “The menu of services available under our hosted SaaS server program offers utilities a cost-effective alternative for meeting their data management challenges.” The SaaS technology combines the benefits of advanced metering infrastructure, outage management systems, interactive voice response, demand optimization systems and geospatial information systems into simple, hosted, subscription-based packages. Integrated services also offer utilities greater grid modernization capabilities by better managing electricity loads. Consumers benefit by engaging through a Web portal, allowing them to make smarter decisions and better manage their electricity, water and gas use.
GE’s Digital Energy business is a global leader in protection and control, communications, power sensing and power quality solutions. Its products and services increase the reliability of electrical power networks and critical equipment for utility, industrial and large commercial customers. From protecting and optimizing assets such as generators, transmission lines and motors, to ensuring secure wireless data transmission and providing uninterruptible power, GE’s Digital Energy business delivers industry-leading technologies to solve the unique challenges of each customer. For more information, visit http://www.gedigitalenergy.com.About GE GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com. Follow GE Energy Management and the Digital Energy business on Twitter @GE_EnergyMgmt and @YourSmartGrid.