Verizon Wireless and Raleigh-based Consert Inc. are teaming up to offer a wireless-based utility management service.
The product is designed to incorporate load management, demand forecasting, automated meter reading and communications with customers.
The companies announced the service at the CTIA 2011 wireless show.
Financial terms were not disclosed.
“The ability to securely aggregate and transport data in real time from consumers to our Consert Data Center for access by our utility partners is a key point of differentiation between our offerings and those of other smart grid service providers,” said Jack Roberts, chief executive officer at Consert.
The offering includes devices for measurement and control on water heaters as well as heating and air conditioning systems, a consumer web “portal” for residential and small business access, a portal for utility providers that enables real-time data on usage and other information, and machine-to-machine communications.
“Smart energy solutions cut costs not only for the utility companies, but also for consumers throughout the country who are looking to consume less for financial and environmental benefits,” said Michael Brander, an executive with Verizon Wireless, in a statement.
The two companies have conducted two pilot studies in North Carolina, including one with the Wake Electric Membership Corporation and another with the Fayetteville Public Works Commission.
The Wake trial led to an average savings of 19 percent per customers, according to the companies.
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