Wednesday, July 28, 2010

Itron Wins New Mexico Utility

Liberty Lake, Washington-based smart meter provider Itron said today that it has signed a contract with the New Mexico Gas Company. According to Itron, the contract calls for the firm to install approximately 345,000 natural gas modules for the utility. Financial impact of the win was not disclosed. Itron said the upgrade to the New Mexico Gas Company's meters will allow the firm to remotely read those meters, eliminating errors that can occur with manual readings. Itron also said the installs are expected to be complete by March of 2011. Itron is a major provider of "smart" meters for the utility industry.