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CenterPoint Energy to Further Modernize Its Natural Gas Distribution System with Itron Smart Meters
Utility to Deploy 3 Million Itron Intelis Natural Gas Smart Meters to Improve Safety, Reliability and the Customer Experience LIBERTY LAKE, Wash.--(BUSINESS
About this update from Itron, Inc.
[{"type":"text","content":"\nUtility to Deploy 3 Million Itron Intelis Natural Gas Smart Meters to Improve Safety, Reliability and the Customer Experience\n\n LIBERTY LAKE, Wash.--(BUSINESS WIRE)--\nItron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, today announced it has signed a contract with CenterPoint Energy, Inc. (NYSE: CNP) to further modernize its natural gas distribution system with 3 million of Itron’s award-winning Intelis natural gas ultrasonic smart meters. CenterPoint Energy is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. The utility will use the smart natural gas metering solution to enhance safety and service for its customers and improve distribution system reliability and efficiency.\n\nThe Intelis natural gas meter includes a built-in automatic shutoff valve and can be configured to shutoff automatically in the event of a high flow or high temperature incident to minimize the risk of a natural gas explosion. The Intelis natural gas meter also takes highly accurate ultrasonic measurements that provide customers access to detailed natural gas consumption information so they can better manage, budget and conserve their energy usage. Streamlined meter reading allows utilities to reliably collect data and alerts from meters across their natural gas distribution systems, proactively identifying and addressing potential problems before they become serious.\n\n“CenterPoint Energy has set clear priorities to invest in our natural gas system to drive safety and reliability, while also advancing the transition to a cleaner energy future,” said Trey Kuchar, senior vice president, Natural Gas for CenterPoint Energy. “The Itron Intelis natural gas smart meters will not only support a more modern and resilient network for enhanced safety and reliability, but they will also help reduce our field visits and related vehicle carbon emissions. These natural gas smart meters are a win-win for our customers and the environment.”\n\n“At Itron, we are dedicated to ensuring the safe, reliable and resourceful delivery and use of natural gas. We are excited to collaborate with CenterPoint Energy to deploy Itron’s next-ge...