PLN signs contract to use Itron payment meters
Thursday, June 30 2016 - 04:09 AM WIB
US-based Itron Inc, a technology and services company dedicated to the resourceful use of energy and water, announced Wednesday that its Indonesia joint venture company PT Mecoindo has signed a contract with Indonesia?s state-owned electricity company PT PLN to deploy 635,000 Itron smart payment meters.
Itron said in a statement that with this Itron solution, PT PLN will provide end-customers with a convenient, cost-effective way to prepay for electricity. Installation is expected to be completed by the end of 2016.
The company explained that Itron?s smart payment technology is designed to help utilities implement revenue protection measures as well as empower consumers to manage their electricity usage according to their budget and needs. Consumers have insight into how much money they have spent in a given period and how much they have left, reducing the likelihood of an untimely shut-off. In addition to these consumer-focused benefits, utility companies realize business value by simplifying utility customer service, lowering operational costs and reducing delinquent account risks, while improving cash flow.
Editing by Reiner Simanjuntak