Central Vermont Public Service Chooses Siemens and eMeter to Assist with CVPS SmartPower(TM) Initiative

ORLANDO, Fla., March 18 -- Siemens Energy, Inc. will work with Central Vermont Public Service (CVPS) to integrate eMeter Corporation's EnergyIP(TM) meter data management system (MDMS) into the company's IT framework in order to manage the metering data acquired through a prospective advanced metering infrastructure (AMI) deployment. EnergyIP will be part of a larger CVPS SmartPower(TM) initiative that is being deployed to benefit CVPS' 159,000 electric customers.

"Having gone through an exhaustive vendor evaluation process, Siemens and eMeter met or exceeded our expectations on all aspects of the meter data management portion of our SmartPower project. We feel that the experience the project delivery team brings forth will enable a successful, timely and on-budget project," said Jeff Breslen, director of Application Development and Maintenance at Central Vermont Public Service.

EnergyIP will help CVPS enable the realization of SmartPower benefits in the following areas:

o operational efficiency through the use of AMI data to reduce costs through increased efficiencies and as a tool to improve operational decision-making;
o increased distribution system reliability and higher customer satisfaction using AMI data to improve the speed of power restoration and improve outage management;
o energy conservation and peak load management by establishing time-based rates and deploying load-curtailable devices, such as water heaters that can automatically respond to load conditions;
o higher customer satisfaction through more detailed customer information (hourly data), flexible billing schedules, Web presentment and other communication methods;
o improvements in distribution operations using peak load meter data and capabilities for certain distribution automation functions and advanced outage management.

"We are pleased that CVPS has selected Siemens to implement eMeter's EnergyIP system to assist them with their SmartPower initiative. Siemens feels that a meter data management system is essential in a Smart Grid project for CVPS to reap all the benefits that can be obtained," said Kevin O'Hara, vice president and general manager of Siemens Energy's T&D Service Solutions.

Siemens understands the complete energy conversion chain and is able to transform today's grid into a living infrastructure that is smart enough to respond quickly, flexibly and comprehensively to society's energy needs. Siemens also incorporates solutions for commercial and industrial applications as well as smart homes, including building automation, IT systems integration, advanced lighting technology and energy efficient appliances for a comprehensive Smart Grid solution.

The Siemens Energy Sector is the world's leading supplier of a complete spectrum of products, services and solutions for the generation, transmission and distribution of power and for the extraction, conversion and transport of oil and gas. In fiscal 2009 (ended September 30), the Energy Sector had revenues of approximately EUR25.8 billion and received new orders totaling approximately EUR30 billion and posted a profit of EUR3.3 billion. On September 30, 2009, the Energy Sector had a work force of approximately 85,100. Further information is available at: http://www.siemens.com/energy.
eMeter provides the essential software that enables electric gas and water utilities to realize the full benefits of Smart Grid. Leading utilities worldwide depend on eMeter Smart Grid Management software to reduce operational costs, increase service reliability, and drive energy efficiency. eMeter's management team has been at the forefront of smart metering and grid management for 25 years. With over 24 million meters under contract today, the company has built a reputation for unparalleled experience, quality, operational sophistication and professionalism that ensures customer success. For more information visit www.emeter.com.

SOURCE Siemens Energy, Inc.

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