Multi million euro deal will see company provide 100,000 households with communication boxes for accurate electricity readings
Deutsche Telekom has concluded a five year framework contract with meter point operator Voltaris to supply an electronic meter reading to 100,000 energy meter reading in south west Germany.
The deal according to Deutsche Telekom has a volume of ‚¬500,000 and could be wroth a “two-digit million euro sum”.
As part of the agreement Deutsche Telekom will install communication box and electronic meters in households in the region in order to communicate recorded consumption data every 15 minutes to Voltaris.
Since the beginning of 2010 energy suppliers are required to create electricity bills throughout the year and since the start of 2011 provide additional variable rates.
These requirements have produced a significant demand for electronic meters
Deutsche Telecom senior vice president strategic market energy Gabriele Riedmann de Trinidad (pictured) said: “Deutsche Telekom is perfectly equipped for introducing electronic meters: we have thousands of service staff across Germany, a nearly nationwide communication network and experience in dealing with bulk data which makes us the leading partner for the energy industry.”