For Immediate Release
Advanced Meter Technology Is Critical To 'Smart' Grid Initiative
NEWARK, Del. - Approximately 10,000 Delmarva Power residential customers in Delaware will receive advanced digital electric meters and/or gas modules, resulting in an upgrade to "smart" meters, in the coming months as part of the utility's long-term investment to improve communications between the meter, the customer and the power company.
The new equipment is part of a field test to ensure proper communications between the meter and other equipment on Delmarva Power's system. During this testing phase, electric meters will be replaced and gas meters will be retrofitted with a special gas module. Customers were selected to participate based on certain criteria including gas and electric, electric only, gas only, as well as urban, suburban and rural customers. The Delaware ZIP codes participating in the field test include: 19802, 19801, 19720, 19946 and 19962. "This is an opportunity for our Delaware customers to be part of a longer-term solution for curbing energy use, managing the cost of energy and helping to protect our environment. We all know that 'smart' meters are critical to achieving that end goal," said Gary Stockbridge, President, Delmarva Power Region.
Eventually, all 300,000 business and residential customers in Delaware will get the "smart" meters, which will greatly improve communications between the customer, the meter and Delmarva Power - with the ultimate goal being improved reliability and customer service as well as more options for controlling energy use and prices.
Last September, the Delaware Public Service Commission approved a cost recovery and investment return plan for Delmarva Power's "smart" meter implementation plan. "Smart" meters are a critical component of the company's Blueprint for the Future plan which supports the nationwide effort to partner with our customers for energy efficiency and a global reduction in carbon emissions.
The "smart" meter installations will continue throughout the spring and testing will occur in the summer. Subject to field test results, full deployment is expected to launch in late 2009.
Delmarva Power, a public utility owned by Pepco Holdings, Inc. (NYSE: POM), provides safe and reliable energy to nearly 500,000 electric delivery customers in Delaware and Maryland and over 121,000 natural gas delivery customers in northern Delaware .