Tag Archives: smart payment meters

Itron (ITRI) Signs Major Contracts With Indonesian Utility For Smart Payment Meters

Itron (ITRI) has not only announced positive earnings results after the bell today, but they announced some big contract wins with an Indonesian utility as well for 800K smart payment residential meters.  Smart payment technology is becoming more popular in the region and allows utilities to protect revenue and allows users to better manage electricity consumption.  Installation is already underway with more than half of the meters and the rest will be delivered and installed … Read the rest