ESCO Technologies Inc. has announced that The Puerto Rico Electric Power Authority (PREPA) has signed a contract with DCSI for the purchase of additional TWACS meter modules and associated substation equipment. This hardware will be delivered to PREPA through the placement of purchase orders with the total value expected to be $27 million for approximately 300,000 units over the next two-and-a-half years, with approximately $15 million of hardware sales expected within the contract's first year.
This AMI hardware is being added to PREPA's existing, fully functional fixed network AMI system which includes over one million metering endpoints deployed to date. The existing TWACS system installation has proven to be cost-efficient by offering proven-at-scale meter reads.
This system expansion enables the utility to address the remainder of its current service territory requirements, while enhancing its ability to provide state-of-the-art meter reading data and customer service-related efficiencies to all customers.