Along with its earnings report today which beat expectations, Itron (ITRI) has announced a contract with California’s Glendale Water & Power to provide them with smart metering technology for both its water and electricity operations.  No word on the financials but Glendale serves 120K customers.  Itron’s OpenWay advanced metering system provides a two way communication between the meter and the utility, providing for data collection, use limitations, outage detection, remote metering and home networking capability.  Their Water SaveSource solution provides data logging and leak detection.  Glendale will provide each customer with personalized data on their website to provide insight into usage patterns with the end goal of encouraging conservation.

“Glendale Water and Power’s choice to utilize both OpenWay and Water SaveSource reflects their commitment to more efficient and effective management of their electricity and water resources, thereby ensuring its sustainability,” said Lou Gust, vice president of water sales and marketing for Itron. “Glendale is setting precedent for municipalities by simultaneously deploying smart metering for its electric and water services and Itron is very excited to work alongside them in ensuring success in this first-of-its-kind deployment.”

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