American Municipal Power Selects Silver Spring Networks for Advanced Metering
June 20 2016 - 4:30PM
Business Wire
Multi-Application Platform and Services to
Provide Advanced Smart Grid Capabilities For Public Power
Customers
Silver Spring Networks, Inc. (NYSE:SSNI) today announced that it
has been selected by American Municipal Power, Inc. (AMP) for an
advanced metering infrastructure (AMI) program. AMP is a non-profit
wholesale power supplier and services provider for 133 municipal
electric utilities in nine states. Collectively, AMP members serve
more than 645,000 customers. For the initial phase, Silver Spring
will deploy its standards-based IPv6 network platform and solutions
to AMP to help its member municipalities provide better customer
experience and service for 60,000 electric and 30,000 water
customers. Additionally, Silver Spring will deliver SilverLink
Control Platform and SilverLink Applications through
Software-as-a-Service to help with rapid implementation, to
minimize deployment risk, and to reduce the total cost of
ownership.
“Customer service is one of the hallmarks of public power and is
thus a priority for AMP’s member communities,” said Marc Gerken,
AMP President/CEO. “AMP’s AMI program is designed to be another
tool to assist member communities in maintaining a high level of
customer service. This partnership with Silver Spring Networks
facilitates the two-way communications technology that can help
with our near-term goals such as enabling grid reliability, outage
management and remote connect/disconnect, while providing a
foundation that can enable the deployment of future smart grid and
smart city services at the pace that benefits our membership.”
The AMP program will be under the oversight of Branndon Kelley,
AMP’s CIO. The team will include:
- 57 years of experience delivering and
managing IT solutions
- 28 years of experience in IT in an
electric utility
- 14 years of experience managing
AMI
The program will allow municipals both large and small to take
advantage of this advanced technology without the burden and cost
of staffing and expertise.
“Serving over 48 million people in the U.S., the public power
sector has an opportunity to amplify its customer-centric vision
through advanced smart grid technology,” said Eric Dresselhuys, EVP
of Global Development, Silver Spring Networks. “We are thrilled to
be partnering with AMP, and look forward to closely working with
them to provide a range of benefits for its member
communities.”
Silver Spring’s IPv6 platform and solutions offer public power
customers the network flexibility to add new participants, from
commercial and industrial (C&I) customers to an entire
residential block, regardless of the customer type or their
location within a service territory. With over 23.6 million devices
delivered, Silver Spring delivers advanced technology for smart
grid and smart city programs for municipal and cooperative
utilities such as Choptank Electric Cooperative, City Utilities of
Springfield, CPS Energy, Modesto Irrigation District, Sacramento
Municipal Utility District, and Snohomish County Public Utility
District.
For more information, please visit
http://www.silverspringnet.com/solutions/smart-utilities/
Join the Silver Spring Networks Conversation
- Read more on the Silver Spring Connect
blog atwww.silverspringnet.com/blog
- Follow @SilverSpringNet on Twitter
- Like Silver Spring Networks on Facebook
at www.facebook.com/silverspringnetworks
- Learn more about the Wi-Sun Alliance
and the value of open standards-based IoT networking at
www.wi-sun.org
About Silver Spring Networks
Silver Spring Networks is a leading networking
platform and solutions provider for smart energy networks. Silver
Spring’s pioneering IPv6 networking platform, with over 23.6
million Silver Spring enabled devices delivered, is connecting
utilities to homes and businesses throughout the world with the
goal of achieving greater energy efficiency for the
planet. Silver Spring’s innovative solutions enable utilities
to gain operational efficiencies, improve grid reliability,
and empower consumers to monitor and manage energy consumption.
Silver Spring Networks’ customers include major utilities around
the globe such as Baltimore Gas & Electric, CitiPower &
Powercor, Commonwealth Edison, Consolidated Edison, CPS Energy,
Florida Power & Light, Jemena Electricity Networks Limited,
Pacific Gas & Electric, Pepco Holdings, Progress Energy, and
Singapore Power, among others. To learn more, please
visit www.silverspringnet.com.
Forward-Looking Statements
This press release contains forward-looking statements about
Silver Spring Networks’ expectations, plans, intentions, and
strategies, including, but not limited to statements regarding the
benefits of Silver Spring Networks’ IPv6 platform and solutions,
and the scope of Silver Spring’s engagement with American Municipal
Power, Inc. Statements including words such as "anticipate",
"believe", "estimate", "expect" or “future” and statements in the
future tense are forward-looking statements. These forward-looking
statements involve risks and uncertainties, as well as assumptions,
which, if they do not fully materialize or prove incorrect, could
cause our results to differ materially from those expressed or
implied by such forward-looking statements. The risks and
uncertainties include the successful implementation and deployment
of the engagement with AMP, as well as those described in Silver
Spring Networks' documents filed with or furnished to the
Securities and Exchange Commission. All forward-looking statements
in this press release are based on information available to Silver
Spring Networks as of the date hereof. Silver Spring Networks
assumes no obligation to update these forward-looking
statements.
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Silver Spring NetworksAmy Cook, 669-770-4183Global
Communicationsacook@ssni.com
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