Avangrid Subsidiaries NYSEG and RG&E Install More Than 700,000 Smart Meters Across Upstate New York
Avangrid (NYSE: AGR) subsidiaries NYSEG and RG&E have installed over 700,000 smart meters for electric and natural gas customers across Upstate New York. The upgrades are part of a larger initiative to install 1.3 million electric smart meters and 600,000 natural gas modules in 17 divisions statewide over the next two years. Currently, installations are focused on seven divisions, with over 50,000 installations per month.
Smart meters offer several benefits, including bills based on actual usage rather than estimates, improved outage response, and better customer control over energy consumption. The technology features two-way wireless communications between the meter and the company's systems, enabling automatic and secure data transmission.
Le filiali di Avangrid (NYSE: AGR), NYSEG e RG&E, hanno installato oltre 700.000 contatori intelligenti per i clienti di elettricità e gas naturale in tutta la parte settentrionale di New York. Questi aggiornamenti fanno parte di un'iniziativa più ampia per installare 1,3 milioni di contatori elettrici intelligenti e 600.000 moduli per gas naturale in 17 divisioni statali nei prossimi due anni. Attualmente, le installazioni si concentrano su sette divisioni, con oltre 50.000 installazioni al mese.
I contatori intelligenti offrono diversi vantaggi, tra cui bollette basate sul consumo reale piuttosto che su stime, una migliore risposta alle interruzioni e un maggiore controllo per i clienti sul consumo energetico. La tecnologia presenta comunicazioni wireless bidirezionali tra il contatore e i sistemi dell'azienda, consentendo una trasmissione automatica e sicura dei dati.
Las filiales de Avangrid (NYSE: AGR), NYSEG y RG&E han instalado más de 700,000 medidores inteligentes para clientes de electricidad y gas natural en el norte del estado de Nueva York. Las mejoras son parte de una iniciativa más amplia para instalar 1.3 millones de medidores eléctricos inteligentes y 600,000 módulos de gas natural en 17 divisiones en todo el estado en los próximos dos años. Actualmente, las instalaciones se concentran en siete divisiones, con más de 50,000 instalaciones al mes.
Los medidores inteligentes ofrecen varios beneficios, incluyendo facturas basadas en el uso real en lugar de estimaciones, una mejor respuesta a cortes y un mejor control del cliente sobre el consumo de energía. La tecnología presenta comunicaciones inalámbricas bidireccionales entre el medidor y los sistemas de la empresa, lo que permite la transmisión de datos automática y segura.
Avangrid(하트엑스 NYSE: AGR)의 자회사인 NYSEG와 RG&E는 뉴욕 북부 지역의 전기 및 천연가스 고객을 위해 70만 개 이상의 스마트 미터기를 설치했습니다. 이러한 업그레이드는 향후 2년간 전 주에 걸쳐 17개 부문에서 130만 개의 전기 스마트 미터기 및 60만 개의 천연가스 모듈을 설치하는 보다 큰 이니셔티브의 일환입니다. 현재 설치는 7개 부문에 집중되고 있으며, 월 5만 개 이상의 설치가 진행되고 있습니다.
스마트 미터기는 실제 사용량을 기반으로 한 청구서, 향상된 정전 대응 및 에너지 소비에 대한 고객 제어 향상 등 여러 가지 이점을 제공합니다. 이 기술은 미터기와 회사 시스템 간의 양방향 무선 통신을 특징으로 하여 자동적이고 안전한 데이터 전송이 가능합니다.
Les filiales d'Avangrid (NYSE: AGR), NYSEG et RG&E, ont installé plus de 700 000 compteurs intelligents pour les clients d'électricité et de gaz naturel dans le nord de l'État de New York. Ces mises à niveau font partie d'une initiative plus large visant à installer 1,3 million de compteurs électriques intelligents et 600 000 modules de gaz naturel dans 17 divisions à l'échelle de l'État au cours des deux prochaines années. Actuellement, les installations se concentrent sur sept divisions, avec plus de 50 000 installations par mois.
Les compteurs intelligents offrent plusieurs avantages, notamment des factures basées sur la consommation réelle plutôt que sur des estimations, une meilleure réponse aux pannes et un meilleur contrôle des clients sur leur consommation d'énergie. La technologie présente des communications sans fil bidirectionnelles entre le compteur et les systèmes de l'entreprise, permettant une transmission automatique et sécurisée des données.
Die Tochtergesellschaften von Avangrid (NYSE: AGR), NYSEG und RG&E, haben über 700.000 intelligente Zähler installiert für elektrische und Erdgas-Kunden in Upstate New York. Diese Aufrüstungen sind Teil einer größeren Initiative, 1,3 Millionen elektrische intelligente Zähler und 600.000 Erdgas-Module in 17 Abteilungen im gesamten Bundesstaat innerhalb der nächsten zwei Jahre zu installieren. Derzeit konzentrieren sich die Installationen auf sieben Abteilungen, mit mehr als 50.000 Installationen pro Monat.
Intelligente Zähler bieten mehrere Vorteile, darunter Rechnungen, die auf dem tatsächlichen Verbrauch basieren statt auf Schätzungen, verbesserte Reaktionszeiten bei Ausfällen und mehr Kontrolle für die Kunden über ihren Energieverbrauch. Die Technologie umfasst eine bidirektionale drahtlose Kommunikation zwischen dem Zähler und den Systemen des Unternehmens, die eine automatische und sichere Datenübertragung ermöglicht.
- Installation of 700,000 smart meters across Upstate New York
- Plan to install 1.3 million electric smart meters and 600,000 natural gas modules
- Improved accuracy in billing based on actual usage
- Enhanced outage response capabilities
- Better customer control over energy consumption
- None.
Insights
The installation of over 700,000 smart meters by Avangrid's subsidiaries NYSEG and RG&E represents a significant infrastructure upgrade in Upstate New York. This project, part of a larger commitment to install 1.3 million electric smart meters and 600,000 natural gas modules, demonstrates Avangrid's substantial investment in modernizing its grid. While the immediate financial impact may be , the long-term benefits could be substantial:
- Improved billing accuracy and reduced operational costs from automated meter reading
- Enhanced outage response capabilities, potentially leading to improved customer satisfaction and regulatory performance metrics
- Better data for grid management and energy efficiency initiatives
However, investors should note that such large-scale infrastructure projects often require significant upfront capital expenditure, which may impact short-term profitability. The 50,000+ monthly installation rate suggests efficient project execution, which is positive for cost management. Overall, this initiative positions Avangrid well for future grid modernization and potential new revenue streams from data-driven services.
The large-scale deployment of smart meters by Avangrid's subsidiaries is a pivotal step in grid modernization. These devices offer several technological advantages:
- Two-way communication enables real-time data exchange between consumers and utilities, facilitating demand response programs and dynamic pricing
- Enhanced outage detection and response capabilities can significantly reduce downtime and improve grid reliability
- The vast amount of data collected can drive predictive maintenance and optimize grid operations
However, it's important to consider potential challenges such as cybersecurity risks and data privacy concerns. The success of this initiative will largely depend on Avangrid's ability to effectively manage and utilize the massive influx of data. If leveraged correctly, this smart meter rollout could position Avangrid at the forefront of the smart grid revolution, enabling new services and improving overall grid efficiency.
Upgrades currently underway in
Smart meters are important part of upgrading grid infrastructure
“We’re dedicated to meeting the energy needs of our customers, and building a smarter energy infrastructure is part of that commitment,” said Pedro Azagra, Avangrid CEO “Not only do smart meters mean a bill based on actual use rather than estimated reads every month, with this recent rash of thunderstorms, we’re seeing improvements to outage response in the areas where they’ve been installed.”
Smart meters are electric or natural gas meter modules with two-way wireless communications between the meter and the Company’s systems. They securely transmit usage and meter status data automatically, enabling monthly bills to be based on actual use versus manual meter reading or estimates, allowing customers better understanding of and control over their energy bills. Smart meters also help the Companies pinpoint and respond to outages more quickly.
NYSEG and RG&E have committed to installing more than 1.3 million electric smart meters and adding 600,000 natural gas modules for customers in 17 NYSEG and RG&E divisions statewide. Smart meter upgrades will continue throughout the companies’ service areas over the next two years. Customers will receive communications ahead of their scheduled installation.
About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240820523735/en/
Media Contact:
Shelby Cohen
Shelby.cohen@avangrid.com
607-788-6785
Source: AVANGRID, Inc.
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