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‘dVentus’ Technologies, a renewable energy technology company, held a product launch event on Friday May 2nd for its smart electric meters along with a distribution automation system. According to the company, the system is complimentary to the smart grid rollout plan of the Ethiopian government as well as the Ethiopian Electric Utility.
“The smart electric meters will be replacing the current postpaid meters that are installed everywhere,” said dVentus CEO Daniel Gizaw. He also stated that dVentus is working in partnership with the Metal and Engineering Corporation (MetEC) and Ethiopian Electric Utility.
According to the company’s claims the smart meters should ensure reliable and efficient energy supply, accuracy in billing and tariff management, saving in distribution cost and revenue increases. It is expected to contribute greatly to improving customer service for the Ethiopian Electric Utility.
Back in January 2012, MetEC was in discussions with the then Ethiopian Electric Power Corporation (EEPCo) to start replacing the analogue meters that are read manually with digital smart meters that automatically capture information about electricity consumption and transmit the information back to EEPCo.
MetEC previously had about 2,000 workers that would replace the existing meters with the new smart ones. Smart Meters are different than pre paid meters as they have real-time sensors, power outage notification capability and power quality monitoring, which utilizes two-way communication between the meter and the central system.