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FOR IMMEDIATE RELEASE
ATCO Electric Installing
Meter Data Management Solution to Leverage the Benefits of Smart Metering
Technology
New Solution Puts ATCO
on Leading Edge of Canadian Electricity Market
WELLESLEY, Mass.--(BUSINESS WIRE)--ATCO Electric,
a wholly-owned subsidiary of Canadian Utilities Limited and part
of the ATCO Group of Companies, announced this week that it is implementing
an MDM solution to house its interval meter customer data. The technology
will enable ATCO Electric to manage the data for approximately 1,500
interval meters for its large industrial customers.
Nexus Energy Software was chosen to provide its Meter Vision®
meter data repository along with some additional functionality to
support ATCO Electric’s load profiling needs. This application
will provide ATCO Electric with a broad set of functionality that
leverages meter and customer data to address key issues in energy
service planning and delivery. The application will perform ATCO
Electric’s critical functions of data integration, validation,
estimation and editing (VEE) and data storage and management. Meter
Vision has an open, accessible, and versatile architecture, maintaining
a complete audit trail. ATCO Electric has already committed to an
Advance Metering Infrastructure and has fully deployed a TWACS®
AMI system from Nexus’ sister company, DCSI, a subsidiary
of ESCO Technologies Inc. (NYSE: ESE).
"We conducted a thorough search of the market and determined
that Nexus was the company with the product functionality that best
suited our needs and vision,” said Sid Mathur, Manager, Metering,
ATCO Electric. “Working in partnership with Nexus, we will
have an industry-proven state-of-the-art foundation for the future.
Our MDMS will eliminate manual processes, give us a centralized
intelligent data repository, retire disparate legacy systems, and
position us well for the future needs of the Alberta market."
Nexus Energy Software is a leading provider of MDMS systems, including
applications that leverage the data to support areas such as revenue
protection, distribution planning, load research, forecasting, settlement,
complex billing and customer service. Its MDMS solution is currently
being used to manage the largest AMI system in North America in
terms of data volume, the 1.4M meter system deployed by PPL in Pennsylvania
that collects hourly data.
“We are extremely pleased to be part of ATCO Electric’s
long-term vision to maximize the benefits of AMI,” remarked
Harvey Michaels, CEO of Nexus Energy Software. “ATCO Electric
now has a powerful analytic tool to mine large quantities of meter
information stored in the MDM Repository, giving ATCO Electric the
power to store, analyze and aggregate information across its immense
and diverse distribution territory.”
About Nexus Energy Software
Nexus Energy Software, a subsidiary of ESCO Technologies
Inc. (NYSE:ESE), provides energy companies with software solutions
that add value to the existing billing and metering infrastructure
to allow both the company and its customers to better manage energy-driven
transactions and decision-making. Nexus’ solutions support
a vision of the 21st century utility, addressing: Meter & Energy
Data Management; Distribution Planning & Operations; Customer
Service & Revenue Management; and Energy and Resource Management.
Nexus’ ENERGYprism®, Energy Vision® and Nexus MDMS™
product lines are in use at more than 95 energy companies worldwide,
supporting millions of annual interactions and transactions while
reducing capital and operating costs and resource requirements,
as well as increasing customer satisfaction.
About ATCO Electric
Headquartered in Edmonton, Alberta, Canada, ATCO Electric
serves almost two-thirds of Alberta, delivering electric energy
to petroleum and forestry companies, farms, towns and cities, First
Nations and Métis Settlements in 245 communities.
ATCO Electric builds, operates and maintains more than 67,800 kilometers
of power lines and operates an additional 12,000 kilometers of distribution
power line on behalf of Rural Electrification Associations.
ATCO Electric is a wholly-owned subsidiary of Canadian Utilities
Limited, part of the ATCO Group of Companies. ATCO Ltd., an Alberta
based worldwide organization of companies with assets of approximately
$7.9 billion and more than 7,000 employees, is comprised of three
main business divisions: Power Generation, Utilities (natural gas
and electricity transmission and distribution) and Global Enterprises,
with companies active in industrial manufacturing, technology, logistics
and energy services. More information about ATCO Ltd. can be found
on its website www.atco.com.
About ESCO Technologies
ESCO, headquartered in St. Louis, is a proven supplier
of special purpose communications systems for electric, gas and
water utilities, including hardware and software to support advanced
metering applications. In addition, the Company provides engineered
filtration products to the transportation, health care and process
markets worldwide and is the industry leader in RF shielding and
EMC test products. Further information regarding ESCO and its subsidiaries
is available on the Company's website at www.escotechnologies.com.
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