HERNDON, Va., Oct. 26, 2016 /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.
Contact: Stephanie
Eade
703-709-3465
seade@smartgridsolutions.us
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SOURCE Smart Grid Solutions