FPL Extends Service Contract with Silver Spring

Silver Spring Networks has announced a multi-year extension of its agreement to provide managed services to Florida Power & Light Co., the largest electric utility in Florida and one of the largest rate-regulated utilities in the United States. Under the terms of the agreement, Silver Spring Networks will continue to manage FPL’s AMI Smart Grid platform using UtilityIQ. UIQ is the mission-critical software application offered by Silver Spring that delivers visibility and control over a utility’s AMI Smart Grid deployment, including remote monitoring and configuration.

Silver Spring’s managed-services offerings support a utility’s critical IT and operations by providing round-the-clock performance monitoring, system optimization and upgrades. Silver Spring reduces risk to the utility by including a fixed scope of services for a fixed price with performance guarantees.