Landis+Gyr has signed a major contract to enable Finnish utility Turku Energia Sähköverkot (Turku Energia Electricity Networks) to complete its rollout of smart metering to its entire customer base. Turku Energia Sähköverkot’s investment not only fulfills legislative requirements, but also improves the efficiency of the utility’s internal processes and customer service portfolio.
Under the terms of the agreement, Landis+Gyr will supply Turku Energia Sähköverkot with its Gridstream solution. This includes the delivery and installation of almost 40,000 new meters and communications devices, which will begin in late 2010, as well as integration of the meters to Turku Energia’s information systems and project management services.
From the beginning of 2012, all of Turku Energia’s 68,000 customers in the city of Turku will be billed on actual rather than estimated energy consumption. In a further step, Landis+Gyr will also integrate Turku Energia Sähköverkot’s 28,000 customers who are already part of the existing Landis+Gyr smart metering system, which was installed between 2003 and 2008.
Within the last year, Landis+Gyr has signed contracts with five Finnish utilities, for the rollout of over 400,000 smart meters, including a landmark agreement in June with one of the largest Finnish utilities, Helen Electricity Network, for the delivery of Landis+Gyr’s Gridstream solution along with 200,000 smart meters. Finland has three million metering points, of which more than one million have Landis+Gyr technology.