Indianapolis, IN and Redwood City, CA, U.S.A. --- (METERING.COM) --- September 1, 2010 - Indianapolis Power & Light Company (IPL) has entered into an agreement with smart grid solution provider Silver Spring Networks to build its smart grid platform for deployment in the Indianapolis Metropolitan Region.

The deployment, to begin later this year, is part of IPL’s smart energy project to promote energy efficiency, improve reliability, and deploy advanced metering. IPL is funding the project, in part, through a $20 million Smart Grid Investment Grant awarded by the Department of Energy (DOE) through the American Reinvestment and Recovery Act.
 
Silver Spring will support IPL through a large scale distribution automation system enabling much faster outage detection and notification, improving fault location and isolation and increasing energy efficiency. Silver Spring will also deploy advanced metering for IPL’s large commercial and industrial customers and a portion of its residential customers.

IPL provides retail electric service to more than 470,000 residential, commercial and industrial customers in Indianapolis, as well as portions of other Central Indiana communities surrounding Marion County.