Major Electricity Retailer Signs a 5 Year Contract
Intermoco has signed a major Electricity Retailer for the remote reading of their electricity meters for a 5 year contract.
Under the agreement Intermoco will supply, commission, and operate the communications equipment and remotely read metering systems, provide the maintenance and support of meter data database storage facilities for the agreed period, operate a National Operations Centre (NOC), and support a web access facility to allow the Retailer secure access to meter data, energy demand management information and usage information.
The new contract has an effective date of 1 July 2009 and will expire on 1st July 2013 for the remote reading of over 4000 meters but is expected to grow at up to 20% per annum with a contract value expected to exceed $1M.
Ian Kiddle Director of Sales for Intermoco said “this new contract was a direct result of the refocusing of the business on what is our core business of metering services. The agreement with our customer provides us both with the opportunity to upgrade the technology to take advantage of our new products that are coming on-line, such as our IP based products that use the National Broadband Network.”
Under the agreement Intermoco will supply, commission, and operate the communications equipment and remotely read metering systems, provide the maintenance and support of meter data database storage facilities for the agreed period, operate a National Operations Centre (NOC), and support a web access facility to allow the Retailer secure access to meter data, energy demand management information and usage information.
The new contract has an effective date of 1 July 2009 and will expire on 1st July 2013 for the remote reading of over 4000 meters but is expected to grow at up to 20% per annum with a contract value expected to exceed $1M.
Ian Kiddle Director of Sales for Intermoco said “this new contract was a direct result of the refocusing of the business on what is our core business of metering services. The agreement with our customer provides us both with the opportunity to upgrade the technology to take advantage of our new products that are coming on-line, such as our IP based products that use the National Broadband Network.”