Honeywell announced $200 million deal with Memphis Light, Gas and Water (MLGW) for a five-year project to deploy Elster EnergyAxis AMI smart metering technology.
MLGW is the largest three-service public utility in the United States, with more than 1 million utility meters.
Honeywell will install a smart energy solution that includes about 1 million electric, gas and water smart meters. The project includes communications modules to facilitate automated meter reading and software solutions to analyze and manage the data. The rollout is expected to be completed by the end of 2020.
The solution will provide operational and cost efficiencies for MLGW through integrated metering of electric, water and gas in its service territory and the automated collection of meter data. Customers will benefit by having access to more data about their energy consumption and resources to help them better manage their usage.
“Memphis and Shelby County joins communities across Tennessee and the nation who are using smart meters and benefiting from efficient utility service delivery, enhanced payment options and increased customer savings,” said Jerry Collins Jr., president and CEO of MLGW.
MLGW began its transition to smart grid technology in 2013 with a first phase deployment of the EnergyAxis AMI solution, consisting of approximately 60,000 electric, water and gas smart meters, communications and software.
Honeywell has more than 120 active EnergyAxis deployments worldwide, including 77 in the United States, 16 of which are in the Tennessee Valley.