RALEIGH, NC - July 20, 2010
PECO, an electric and natural gas utility subsidiary of Exelon Corporation, has issued a Letter of Intent (LOI) to purchase the Sensus FlexNet™ communications network as its advanced metering infrastructure (AMI) solution for a program that is expected to encompass more than 1.6 million electric customers. PECO will leverage the technologically robust solution to monitor and measure electric distribution and consumption on a single designated communications highway for all related utility applications. PECO and Sensus will now work together on project requirements and details in an effort to reach a final work agreement.
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