Frost & Sullivan Honors CenterPoint Energy and NMB Water With Excellence in Resourcefulness Awards at Itron Utility Week
October 17 2016 - 9:00AM
Business Wire
Utilities recognized for commitment to
resourcefulness and reducing energy and water waste
Itron, Inc. (NASDAQ:ITRI), a world-leading technology and
services company dedicated to the resourceful use of energy and
water, announced today that CenterPoint Energy, an electric utility
company in Houston, and NMB Water (formerly City of North Miami
Beach Public Utilities) have been recognized with Frost &
Sullivan’s Excellence in Resourcefulness Awards during Itron
Utility Week in Orlando, Florida. The Excellence in Resourcefulness
Awards honor utilities that have demonstrated their commitment and
ability to significantly reduce wasted energy and water based on a
recent and successful technology implementation.
CenterPoint Energy was recognized in the energy category for its
early adoption of smart grid technology and impressive results
conserving energy and reducing costs in its operations. Since 2009,
CenterPoint Energy has conserved over 1.6 million gallons of
gasoline, avoided 14,000 metric tons of CO2 emissions and avoided
vehicle trips through more than 16 million automated customer
service orders. It has also saved over $107 million in operations
and maintenance through prevented loss from electricity theft and
reduced meter reading, fleet and equipment costs.
NMB Water, which serves 170,000 residents in Northern Miami-Dade
County in Florida, was recognized in the water category for focus
on conservation through the use of advanced metering infrastructure
(AMI) and leak detection technology. The utility recently completed
the installation of its AMI solution with Itron. Its primary
objective is to address growing concerns around leakage and to
better manage delivery of water resources. With the leak sensing
technology deployed in the field, the utility is able to
significantly reduce the time required to complete a leak detection
survey.
“These two utilities have clearly demonstrated their commitment
to the resourceful use of energy and water. CenterPoint Energy’s
significant results in reducing vehicle trips and thus lowering CO2
emissions made it the clear winner in the energy category. NMB
Water has a strong vision to reduce water loss and is well on its
way to making this vision a reality using AMI and leak detection
technology,” said Farah Saaed, principal consultant at Frost &
Sullivan.
As a part of the selection process, Frost & Sullivan
conducted in-depth research and interviews, and evaluated utilities
against industry best practices and the decision criteria,
including societal impact and business impact, for each category.
Indicators for societal impact included improving customer
awareness and participation; enabling behavioral change to reduce
waste through customer engagement and technology driven programs;
and yielding impressive waste reduction results that benefit the
overall served community. Indicators for business impact included
drafting a clear vision to address excessive waste through
technology implementation; achieving operational effectiveness as a
result of successful strategy for sustainability; and strengthening
a utility’s brand image as a leader for sustainability.
About Itron
Itron is a world-leading technology and services company
dedicated to the resourceful use of energy and water. We provide
comprehensive solutions that measure, manage and analyze energy and
water. Our broad product portfolio includes electricity, gas, water
and thermal energy measurement devices and control technology;
communications systems; software; as well as managed and consulting
services. With thousands of employees supporting nearly 8,000
customers in more than 100 countries, Itron applies knowledge and
technology to better manage energy and water resources. Together,
we can create a more resourceful world. Join us: www.itron.com.
Itron® is a registered trademark of Itron, Inc. All third party
trademarks are property of their respective owners and any usage
herein does not suggest or imply any relationship between Itron and
the third party unless expressly stated.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in
collaboration with clients to leverage visionary innovation that
addresses the global challenges and related growth opportunities
that will make or break today's market participants. For more than
50 years, we have been developing growth strategies for the global
1000, emerging businesses, the public sector and the investment
community. Contact us: Start the discussion
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Itron, Inc.Sharelynn Moore, 509-891-3524Vice President,
Global Marketing and Public
Affairssharelynn.moore@itron.comorFrost & SullivanJaylon
Brinkley, 210-247-2481Corporate Communications – North
Americajaylon.brinkley@frost.com
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