San Francisco, CA, U.S.A. --- (METERING.COM) --- July 30, 2008 - Pacific Gas and Electric Company (PG&E) has selected Silver Spring Networks to provide advanced networking products and services to serve its 5 million electric customers in California. Silver Spring Networks and PG&E have signed a definitive agreement and deployment activity is underway, with full metering deployment expected to be completed by 2012.
PG&E will initially focus on using the technology to support advanced metering and home networking applications. In addition, the platform will enable PG&E to realize additional operational and environmental benefits in the future.
Under the agreement, Silver Spring Networks will provide network infrastructure, network devices, operating software and a variety of services in long-term support of PG&E’s efforts. Although initial deployments are scheduled to be completed within 5 years, the contract extends to provide continued support and expansion over 20 years. Under the agreement, PG&E will have broad flexibility in managing the timing and scope of its technology deployments. In addition, certain services and products under the agreement are contingent on regulatory approval as part of PG&E’s SmartMeter™ Program Upgrade.
PG&E is one of the largest combined natural gas and electric utilities in the United States and delivers energy to 15 million people in northern and central California.
Silver Spring Networks’ Smart Energy Network is based on the Internet Protocol (IP) suite and addresses the challenges of running multiple applications and devices on a common networking infrastructure using multiple transport technologies.