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Last updated on May 25, 2012 at 16:52 EDT

Pepco Holdings Selects Itron System for Smart Meter Data Management

February 28, 2008
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Pepco Holdings, Inc. (NYSE:POM) today announced that Itron Inc. has been selected to provide a meter data management system that will support both the company’s existing meter technology and a planned switch to smart meters, marking a major milestone in the transformation of PHI’s customer metering technology to the digital age.

The Itron Enterprise Edition Meter Data Management solution will collect, store and analyze data from existing meters and eventually the new, digital “smart meters.” The new meters are proposed for installation over the next five years in the residences and businesses of the nearly 2 million customers served by PHI’s three electric utilities, Atlantic City Electric, Delmarva Power and Pepco. The advanced metering technology will enable the utilities to provide energy usage and other information to enable customers to better manage their energy use and monthly bills.

“Itron’s system will help PHI consolidate its existing metering information and when implemented, will store and help analyze the massive amounts of data that will be available from the advanced metering system,” said Todd McGregor, PHI project manager. “Smart meters will not only give customers more information but will help us to make improvements in reliability, outage management and customer service.”

About PHI: Pepco Holdings, Inc., headquartered in Washington, D.C., delivers electricity and natural gas to about 1.9 million customers in Delaware, the District of Columbia, Maryland and New Jersey, through its subsidiaries Pepco, Delmarva Power and Atlantic City Electric. PHI also provides competitive wholesale generation services through Conectiv Energy and retail energy products and services through Pepco Energy Services.