Logica win £2.4m smart metering contract with OnStream
Partnership accelerates rollout of smart metering across Britain
OnStream, a National Grid company - Britain’s largest investor-owned utility business, has awarded Logica, a leading business and technology service company, a contract for the provision of communication, data and pre-payment services for a minimum of 26,000 residential smart meters in Great Britain over the next five years. The contract is valued at £2.4million.
Both companies will work together to deliver a number of smart metering projects to OnStream’s customers, including smaller new-entrant suppliers to the market. OnStream will procure, install and maintain the smart meters, and Logica will deliver the communications, data and pre-payment services.
Logica supports, through its Instant Energy service, over 75 percent of smart meters installed in people’s homes in Britain. Currently Logica is supporting the installation of 15,000 new smart meters per month. The agreement with OnStream further increases this figure, strengthening Logica’s position in the British smart metering market.
Craig Boundy, UK CEO, Logica, explains; “Not only are Smart Meters essential to empower consumers to change their relationship with energy, they are integral to the creation of smart grids and enabling Britain to become a low carbon economy. This contract with OnStream allows energy suppliers, including new entrants, to compete for consumers’ business based on the capability of smart meters. This win consolidates our position at the heart of Britain’s smart energy market.”
OnStream provides an end-to-end dual fuel residential metering service to suppliers across Great Britain supporting more than 4 million traditional meters and 20,000 smart meters, with a plan to install more than 100,000 smart meters over the next 12 months. OnStream is rapidly expanding in the smart metering market and anticipates being the largest installer of smart meters in 2010. This agreement enhances OnStream’s opportunities for further growth.
Stephen Hughes, New Business Manager, OnStream added “OnStream’s ambition is to be at the forefront of the smart metering rollout. The relationship with Logica supports our end-to-end smart metering solution and will ensure we are best placed to support energy suppliers with the rollout of smart meters.”
About Logica
Logica is a business and technology service company, employing 39,000 people across 36 countries. The company delivers business consulting, systems integration and outsourcing across all industries and business functions. Logica creates value by successfully integrating people, business and technology to create effective, sustainable business ecosystems. Employees apply insight to create innovative answers to help with business needs.More information is available at www.logica.com.
About Onstream
OnStream, a National Grid company, is one of Britain’s leading metering companies, providing an end-to-end dual fuel smart metering solution to Residential and I&C markets; owning, installing and maintaining meters to energy suppliers across Great Britain. For more information please visit www.onstream.co.uk.
Press contact
Nadia Nandi,
UK PR Manager,
Logica,
Tel : 07921 932 363 ,
Email: nadia.nandi@logica.com
Logica
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