August 2, 2011 - REC in support of its smart grid and green initiatives, will work with Red Clay and Lockheed Martin on the implementation and upgrade.

With Oracle, REC plans to connect advanced metering infrastructure usage data and presentment tools that, according to Oracle, will allow customers to effectively monitor their energy use and reduce consumption.

REC will use Oracle Utilities Meter Data Management to verify, store, process and format data it collects from approximately 150,000 smart electric meters, providing every department, application and business process with the metering information it needs.