Sensus gains exclusive license for Navetas patented energy management solution

Source: Sensus 

Sensus, a leading provider of smart grid infrastructure technologies for electric, gas and water utilities, announced an agreement with Navetas Energy Management to deliver the U.K.-based company’s patented energy management software that allows consumers to accurately and intelligently monitor the electricity consumption of discrete devices on their premise.

Utilities deploying the licensed wireless Sensus FlexNet™ advanced metering infrastructure (AMI) system will be able to leverage the Navetas software as an optional service that provides residential and commercial customers with an online portal or mobile app showing precise electricity consumption data from various appliances. The system gives consumers access to detailed information about daily usage patterns and the cost associated with each device, allowing them to manage consumption and save money.

“Many utilities offer online portals that allow customers to see their aggregate electricity consumption,” said Sensus vice president of corporate strategy and business development, Matt Zafuto. “Our technology allows the customer to see disaggregated data such as the electricity consumed by a water heater in the basement or a toaster oven in the kitchen and know how much each device costs them to operate.”

The agreement strengthens the company’s global application portfolio as it continues to extend the versatility and flexibility of its open standards-based AMI system platform to customers in the U.S. and beyond. “The game changer,” said Zafuto, “is that utilities will be able to offer this service through the AMI system without their customers having to purchase or install equipment in the premises to gather and present the data.”

Utilities can offer the non-intrusive load monitoring (NILM) technology as an added service to facilitate broader customer engagement, producing an online dashboard with comprehensive energy profile data so that the consumer can make informed decisions on their monthly utility spend.

Navetas was founded in 2008 to productize the load disaggregating concept from the University of Oxford that can uniquely monitor, from a single point, how much energy is being used by different appliances in the home. Navetas has successfully launched the technology in the U.K. and across Europe.

“The pace of change in the global energy market is rapid and this partnership will allow Navetas to develop internationally, specifically in the U.S., and to deliver new and innovative technologies that will address the emerging market dynamics,” said Navetas Energy Management CEO, Chris Saunders. “Participation by a major global player such as Sensus is testament to the value our technology brings to the energy market.”



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs