UXC Limited (UXC) is pleased to announce that it has signed a contract with SP Ausnet for the roll-out of Advanced Metering Infrastructure (AMI) smart meters in Victoria. This makes UXC the market leader in the provision of installation and associated services for the inaugural roll out of smart meters. UXC is one of two service providers to install more than 650,000 meters plus associated equipment, with an estimated contract value of some $40 million. Under the agreement, UXC will provide services like Planning and workforce scheduling; Installation of AMI Smart Meters; Installation of Communications Technology; Interaction and liaison with SP Ausnet customers; and Communication and reporting activities associated with the AMI smart meter roll out.
UXC Executive Chairman Geoff Lord commented “We now have a significant role to play in 2 of the three AMI smart meter contracts awarded to date. We are pleased to have become the market leader in this area in such a short time, and believe it will position us strongly for the remaining 85% of the Jemena roll-out and such work in other states when undertaken.”
UXC Limited is an S&P / ASX 300 listed Australian business solutions company. UXC has a successful history of creating shareholder wealth and has established a strong track record in growing revenue, earnings, EPS and dividends over an extended period. UXC provides its services through three operating divisions: Business Solutions Group; Business Applications and Infrastructure
Professional Solutions Group; and Field Solutions Group. All manually-read electricity meters in Victoria are going to be replaced with new remotely read advanced metering infrastructure (AMI) ‘smart meters’.
Tags: Metering, New contract, UXC, UXC Limited
