Utility metering company Sensus has been named one of the “Companies to Watch in 2013” by Smart Grid News.

The industry publication said that the award((/a}} recognizes Raleigh-based Sensus’ role in advancing technology in “smart water networks.” In a 2012 survey of more than 180 utilities, Sensus found that the utilities are losing water to leaks to the tune of $9.6 billion. The company estimates that smart water technologies can save up to $12.5 billion. 

Smart Grids News’ “Companies to Watch” is now in its fourth year. Awards are determined by reader votes. Sensus was the only award recipient recognized for smart meter networks.