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Landis+Gyr and PSE&G Sign Contract for Advanced Metering Deployment

PSE&G will install 2.3 million smart meters over the next four years.

Cham, Switzerland – July 16, 2021

Public Service Electric and Gas Co. (PSE&G) has today signed a 10-year agreement with Landis+Gyr Technology Inc., a subsidiary of Landis+Gyr Group AG (SIX: LAND) registered in the US, for the supply of 2.3 million advanced meters, network infrastructure, and associated software and services, which are all connected to the Landis+Gyr Gridstream® Connect AMI platform. This agreement is part of PSE&G’s advanced metering infrastructure (AMI) technology deployment to support the utility’s historic Clean Energy Future program in New Jersey.

In addition to advanced metering, the Landis+Gyr Gridstream network supports sensors for grid management, as well as consumer engagement technologies for electric and gas services.

“We’re excited to be supporting this rollout of AMI that will be a key part of PSE&G’s efforts to promote adoption of clean energy and electrification strategies,” said Prasanna Venkatesan, Landis+Gyr’s Executive Vice President of the Americas region.

Landis+Gyr’s AMI network will serve as a foundation for data delivery to help manage reliability and power quality, expand adoption of electric transportation, and provide more energy saving options for consumers.

As part of Landis+Gyr’s Gridstream Connect IoT platform, Gridstream AMI adds grid edge intelligence at every metering and network device to enable greater efficiency and automation for utilities and consumers.

This is an image of a Revelo meter

About Landis+Gyr

Landis+Gyr is a leading global provider of integrated energy management solutions. We measure and analyze energy utilization to generate empowering analytics for smart grid and infrastructure management, enabling utilities and consumers to reduce energy consumption. Our innovative and proven portfolio of software, services and intelligent sensor technology is a key driver to decarbonize the grid. Having avoided 9 million tons of CO2 in FY 2024, Landis+Gyr manages energy better – since 1896. With sales of USD 1.7 billion in FY 2024, Landis+Gyr employs around 6,300 talented people across five continents. For more information, please visit our website www.landisgyr.com.

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