Stockholm, Sweden --- (METERING.COM) --- January 12, 2012 - E.ON has selected Process Vision Oy’s GENERIS product as the basis of a large scale energy IT system for meter data management and balance settlement.

The system, to be delivered to E.ON Elnät Sverige AB, will eventually manage all the meter data from the company’s electricity networks in Sweden including advanced smart grid functions with option to manage meter data for gas and district heating.

E.ON is the largest energy company in Sweden with approximately 1.1 million customers. E.ON Elnät Sverige AB belongs to E.ON Group, which is the largest energy company in Europe.

E.ON has already a system for handling its electricity customers’ monthly readings in accordance to the Swedish legislation. The legislation has recently changed so that customers can be offered hourly readings.

“We have gone through an intensive and thorough evaluation of renewing our meter data system,” commented Per-Olof Lindholm, CEO of E.ON Elnät. “It has also been important for us that the solution takes into account the new targets for reducing CO2 emissions.”