According to Zpryme Smart Grid Insights, U.S. smart meter installed to reach 61.8 million by end of 2013.
FOR IMMEDIATE RELEASE / PRURGENTIn 2011, 492 U.S. utilities had installed smart meters. By the end of 2013, Zpryme projects this figure to reach 559.
Austin, TX - (Zpryme Smart Grid Insights) – 6/18/13 – Based on the new report from Zpryme, U.S. Smart Meter Trends, major utilities in California, such as Pacific Gas & Electric, San Diego Gas & Electric, and Southern California Edison, from 2007 to 2011, cumulative smart meter installations in the U.S. grew from 2.47 million to 37.29 million. In this report, Zpryme analyzed data from the U.S. Energy Information Administration (EIA) to identify key smart meter deployment trends that are shaping broader smart grid deployments in the U.S. Using the historical data, along with major regional and utility smart meter deployment targets, Zpryme forecasts utility and total smart meters in the U.S. for 2012 and 2013.
Download the report, U.S. Smart Meter Trends, at: www.smartgridresearch.org
“The U.S. smart meter market still remains relatively hot and represents a strong market opportunity for smart meter and advanced metering infrastructure (AMI) vendors. Although the pace of installations will taper off due to the completion of Smart Grid Investment Grant projects, about 60% of all U.S. electric meters will not have a smart meter by the end of 2013.” stated Jason Rodriguez, CEO of Zpryme. “Thus, utilities will further continue to deploy smart meters as part of larger grid modernization projects.”
Key Report Findings:
In 2011, a total of 37.29 million smart meters were installed in the U.S. By the end of 2013, Zpryme projects this figure to reach 61.77 million.
Of the total smart meters installed 2011, 9.2 million (25%) were part of U.S. Smart Grid Investment Grant projects.
In 2011, California accounted for 28% of smart meters in installed in the U.S.
In 2011, smart meters accounted for 14.1% (538,746 megawatt-hours) of all U.S. energy served in the U.S.
What’s the best go-to U.S. market strategy?
As smart meter deployments continue in the U.S. what market segments hold the greatest promise? What companies and projects are paving the way? For those in-depth answers and how your company can better understand and engage the U.S. marketplace contact Zpryme to make a custom market research request today.
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