News | October 26, 2016

Smart Grid Solutions Chosen By Consolidated Edison, Inc. For Groundbreaking Advanced Metering Infrastructure Project Using ProFieldMETER™ Technology

Herndon, VA /PRNewswire/ -- 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.

About Smart Grid Solutions

Smart Grid Solutions is the developer of ProField®, the award-winning mobile workforce management technology used for smart grid deployments. Smart Grid Solutions licenses ProField around the world and also utilizes the technology for its own meter replacement and network equipment installation services for electric, water, and gas utilities. Smart Grid Solutions is owned by an affiliate of Sun Capital Partners.

About Consolidated Edison, Inc.

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $47 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc., a regulated utility providing electric, gas, and steam service in New York City and Westchester County, New York; Orange & Rockland Utilities, Inc. a regulated utility serving customers in a 1,350-square-mile area in southeastern New York state and adjacent sections of northern New Jersey and northeastern Pennsylvania; Consolidated Edison Solutions, Inc., a retail energy-services company; Consolidated Edison Energy, Inc., a wholesale energy-services company; Consolidated Edison Development, Inc., a company that develops, owns, and operates renewable energy infrastructure projects, and Consolidated Edison Transmission, Inc., which invests in electric and natural gas transmission projects.

SOURCE: Smart Grid Solutions

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