Itron Broadens Electrification in Indonesia with Smart Payment Solution
December 20 2016 - 8:45AM
Business Wire
PT PLN, a state-owned utility company in
Jakarta, expands contract with Itron for a total of more than 1
million smart payment meters
Itron, Inc. (NASDAQ:ITRI), a world-leading technology and
services company dedicated to the resourceful use of energy and
water, announced today that PT Mecoindo, a joint venture between
Itron and a local partner in Indonesia, is expanding its work with
PT PLN (Persero) to broaden electrification for residents in
Indonesia. The utility recently signed a new contract with PT
Mecoindo for an additional 500,000 smart payment meters, which
expands upon an agreement announced earlier this year to deploy
635,000 smart payment meters. With the deal, more PT PLN customers
will have access to electricity as well as a convenient,
cost-effective way to manage and pay for their usage.
After a successful initial rollout, PT PLN decided to expand its
use of Itron’s smart payment solution to include a total of more
than 1 million meters. The solution helps the utility implement
revenue protection measures while empowering consumers to manage
their electricity usage according to their budget and needs. With
Itron’s smart payment solution, consumers have insights into their
remaining energy balance, reducing the likelihood of an untimely
shut-off. In addition, PT PLN is benefiting from the ability to
streamline customer service and bill payment while reducing
operational costs, delinquent account risks and improving cash
flow.
“Itron’s smart payment solution is helping PT PLN enhance our
ability to provide convenient and affordable electricity services
to energy consumers in Indonesia. We are pleased to be able to
extend this benefit to even more customers with this new contract,”
said Septa Hamid, general manager of supply chain management at PT
PLN (Persero). “With Itron’s high-quality, reliable technology, we
are expanding electrification and improving service to our
customers.”
“We look forward to continuing our collaboration with PT PLN to
provide consumers with a convenient, cost-effective way to prepay
for electricity,” said George Daenuwy, PT Mecoindo president.
“Itron’s smart payment solution directly supports the goals and
outcomes of PT PLN’s electrification program and enables the
utility and its customers to better manage energy resources.”
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.
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Itron, Inc.Sharelynn Moore, 509-891-3524Vice President,
Global Marketing and Public Affairssharelynn.moore@itron.com
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