CenterPoint Energy to Install 125,000 Advanced Meters
CenterPoint Energy Houston Electric (Houston, Texas, U.S.) received Public Utility Commission of Texas approval to install 125,000 advanced meters, related communication equipment and back office systems as requested and funded by retail electric providers (REPs).
Installations requested by REPs for residential customers could begin in early September and would continue through August 2009, or until 125,000 advanced meters have been installed.
REPs that participate in this voluntary program will determine customer eligibility and the terms of service offerings that they will make available. Participating REPs will have the opportunity to evaluate market response prior to a broader CenterPoint Energy advanced metering system (AMS) deployment. CenterPoint Energy will subsequently reimburse the amounts advanced by REPs to the extent the equipment is used in the company's AMS deployment and the costs are recovered, either through a surcharge or through base rates.
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