SmartCo selects Landis+Gyr as a preferred supplier to deliver smart metering technology

SYDNEY – August 21, 2013 – In pursuit of a new business model for the New Zealand energy market, SmartCo, a joint venture of New Zealand transmission line companies, has selected Landis+Gyr as a preferred smart meter vendor for the deployment of its advanced electricity network planned to roll out across New Zealand.

SmartCo’s solution, bringing together New Zealand electricity distributors and retailers for greater operational efficiency and will open a variety of demand-side management opportunities.

“We are proud to partner with SmartCo to supply the latest in smart metering technology. The SmartCo deployment is an important milestone in the development of smart metering and smart grid technology in New Zealand. It brings to market a platform capable of meeting both retailers and network companies’ requirements towards managing energy better” said Jason Delamore, General Manager Landis+Gyr New Zealand.

Together with SmartCo, Landis+Gyr will deploy the functionalities of an enhanced smart metering technology and deliver the benefits including remote reading of electricity consumption; real time notification of outage and power quality data; and advanced management of load control solutions.

“The advanced metering technology from Landis+Gyr will greatly benefit our members in providing them with more timely information to better manage their networks. Landis+Gyr’s E350 metering technology provides power quality, loss of supply and hot water heating load control functionalities” said Gavin Lennox, SmartCo’s General Manager.

SmartCo, a joint venture of New Zealand electricity lines companies including Alpine Energy, Counties Power, Electricity Invercargill, Network Tasman, The Power Company, Network Waitaki and WEL Networks, will serve more than 250,000 urban and rural consumers across New Zealand.

About Landis+Gyr

Landis+Gyr is the leading global provider of integrated energy management products tailored to energy company needs and unique in its ability to deliver true end-to-end advanced metering solutions. Today, the Company offers the broadest portfolio of products and services in the electricity metering industry, and is paving the way for the next generation of smart grid.
With annualized sales of more than US$1.6 billion, Landis+Gyr, an independent growth platform of the Toshiba Corporation (TKY:6502) and 40% owned by the Innovation Network Corporation of Japan, operates in 30 countries across five continents, and employs 5,200 people with the sole mission of helping the world manage energy better.

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