The requirement to reduce a customer’s business and deployment costs coupled with a long-term relationship as a trusted business partner and the expertise of Landis+Gyr organizations on two continents: these were the factors that resulted in a 10-year, 132€ million deal pioneering an advanced smart prepayment metering solution in the United States.
Salt River Project (SRP), a leading American utility company, has signed a long-term agreement with Landis+Gyr to update and expand its advanced metering and prepayment technology in a phased, 10-year installation across their service territory. SRP’s original objective was to eliminate the cost of rolling trucks when customers switch to prepayment or when customers leave — a cost of several million dollars a year.
