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CMP to deploy 620,000 smart meters to all customers

In a move that should ultimately conserve energy, allow customers to save money, and reduce future greenhouse gas emissions, Central Maine Power is using a $96 million DOE stimulus grant to deploy 620,000 smart meters to all of its residential and business customers beginning later this summer. Below are excerpts from a press release issued today by Trilliant Incorporated.

Trilliant Incorporated, a leader in delivering Smart Grid solutions that enhance energy efficiency, utility operations and renewable resource integration, today announced that it has completed agreements with Central Maine Power (CMP) to provide a complete Smart Grid communications network and advanced meter infrastructure solution.

CMP was awarded $96M under the Smart Grid Investment Grant program of the U.S. Department of Energy authorized under the American Reinvestment and Recovery Act. CMP’s service area encompasses roughly the southern third of the state, but accounts for nearly 80% of consumer sales of electricity in Maine. Matching funding from the corporation will bring the total investment to nearly $200M.

CMP expects to complete the installations by early 2012. The system will improve the company’s operations and customer service. It will also enable electricity supply companies and Maine regulators to work toward creating new benefits for consumers such as flexible rate schedules, lower energy costs, and peak demand load-shifting and load-shedding programs.

Read the rest of the press release.

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