Portland General Electric Selects Sensus FlexNet AMI
Portland General Electric Company (PGE) and Sensus Metering Systems today announced that they have entered into a definitive agreement for the purchase of Sensus' FlexNet advanced metering infrastructure (AMI) solution. PGE's current plans call for deployment of the system to approximately 850,000 residential and commercial electric customers between 2008 and 2010, subject to approval by the Oregon Public Utility Commission and PGE's board of directors.
The FlexNet system provides PGE with two-way communications to Sensus iCon electric meters; enabling on demand reads, remote connect/disconnect services, outage verification and remote firmware upgrades. FlexNet also establishes the platform for additional customer and systems-related benefits in the future.
Interstate Power and Light Company (IPL), a subsidiary of Alliant Energy Corporation (NYSE:LNT) received today an oral decision from the Iowa Utilities Board (IUB) regarding the sale of the company's transmission assets to ITC Midwest LLC (ITC Midwest), a subsidiary of ITC Holdings Corp. (NYSE:ITC) .