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Landis+Gyr and Oncor Reach Milestone in Smart Texas Advanced Meter System Deployment

Together, the companies have installed close to a quarter million advanced service connect meters, the related networking infrastructure equipment and supporting software, as part of Oncor’s Smart TexasSM initiative. In connection with the large-scale GridstreamTM solution deployment in the Dallas metro area, Oncor is currently collecting and transmitting electricity usage data in 15-minute intervals for each of its deployed advanced meters, making Oncor’s program one of the largest, and most quickly installed advanced meter efforts in the US. By 2012, Oncor anticipates replacing every residential and small commercial meter in its system, 3.4 million, with an advanced meter system.

“Oncor is proud of its leadership role in smart grid development. Smart Texas, Oncor’s smart grid initiative, is good for consumers, the Texas economy and the environment. Our advanced meter system deployment is a key component of our plan to transform the electric grid in Texas,” said Jim Greer, Oncor Senior Vice President of Asset Management and Engineering. “We are gathering information from the advanced meters right on schedule as we roll out this next generation smart meter solution that will help Texans better manage their energy use.”

The effort is part of a major four-year, end-to-end advanced metering deployment announced last May. Oncor will deploy Landis+Gyr’s GridstreamTM RF platform to 3.4 million points of delivery, empowering 7 million Texas consumers to independently manage their energy consumption, cut their energy bills and protect the environment.

“National demand for electricity is growing three times faster than power resources are being added, making energy conservation more critical than ever,” said Richard Mora, CEO of Landis+Gyr North America. “With our Gridstream offering, Oncor offers Texas consumers a practical way to manage their energy use and cut their electricity bills in this challenging economic environment.”

Oncor’s advanced meter system will support personal energy management applications such as in home displays and smart thermostats. The flexibility and interoperability supported by the system through application of industry standards, web services application programming interfaces and built-in security features, empowers Oncor to meet the advanced metering objectives outlined by the Public Utility Commission of Texas in a robust and secure manner.

Smart meters form the heart of the Smart Texas initiative, a comprehensive smart grid strategy designed to bring benefits to consumers through new technologies. Advanced meter systems are expected to revolutionize energy management and reliability by providing a two-way flow of data between meters and utilities. With this two-way data
flow, Oncor will be able to offer retail electric providers in Texas an opportunity to offer customers a broad array of new pricing, demand response, and energy automation options that enhance the efficiency and reliability of the electric grid. Customers will benefit from more information, expanded choices, simpler and smarter management of their energy use, as well as the potential to reduce the environmental impact of their
energy use.

ABOUT ONCOR
Oncor Electric Delivery Company LLC (“Oncor”) is a regulated electric distribution and transmission business that uses superior asset management skills to provide reliable electricity delivery to consumers. Oncor operates the largest distribution and
transmission system in Texas, delivering power to approximately 3 million homes and businesses and operating approximately 117,000 miles of transmission and distribution lines in Texas. While Oncor is owned by a limited number of investors (including majority owner, Energy Future Holdings Corp.), Oncor is managed by its Board of Directors, which is comprised of a majority of independent directors.

ABOUT LANDIS+GYR
Landis+Gyr is the leading provider of integrated energy management solutions tailored to energy company needs. With a global presence and a reputation for quality and innovation, Landis+Gyr is unique in its ability to deliver true end-to-end advanced metering solutions. Today, the Company offers the broadest portfolio of products and services in the electricity metering industry, and is paving the way for the next generation
of smart grid. With annualized sales of more than US$1.25 billion, Landis+Gyr operates in over 30 countries across five continents, and employs over 5,000 people with the sole mission of helping the world manage energy better. For more information about Landis+Gyr, please visit the corporate website at
www.landisgyr.com

For more information:

Oncor
Carol Peters
972-791-6200

Landis+Gyr
Financial Community, please contact:
Stan March, Landis+Gyr
Tel. 646-205-3119
Stan.March@landisgyr.com

Media, please contact:
Thor Valdmanis, FD
Tel. 212-850-5696
Thor.Valdmanis@fd.com

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