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Technology Stocks : DSSI/DATA Systems & Software

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To: jtechkid who wrote (484)3/26/1998 3:14:00 PM
From: jimiboy  Read Replies (2) of 1061
 
OK folks, riddle me this!..I am a customer of Virginia Power living in the heart of Richmond. Today I received mail from VA Power advising of their conversion to a remote meter reading service they call Automated Meter Reading (AMR). They are making somewhat of a big deal about it. Below is a question and answer sheet for FAQs that they provided. (I'll retype as I'm scanning challenged)
(until I tell you, everything is straight from Va Power mailing)

1. What is Automated Meter Reading?

Automated Meter Reading (AMR) is computerized technology that allows Virginia Power to read your meter remotely without having to send someone to your home or neighborhood. The meter is equipped with a small radio device that communicates meter information back to Virginia Power offices.

2. How is the AMR device in my meter powered?

The AMR device is powered by electricity from the utility side of the meter. Since the meter does not record the electricity to operate the AMR unit, you are not charged for it.

3. How long has this Automated Meter Reading technology been used?

The radio based technology being used by Virginia Power has been in use by other utilities for several years.

4. Will I have to be home when you install the AMR meter?

It will not be necessary for you to be at home if your meter is outside and accessible. However, if your meter is inside, we will contact you and make arrangements for the installation.

5. Will the installation of the AMR meter damage my property?

No. The installation is a quick neat job. However, it will require a brief interruption of power.

6. Will I still be able to read my meter?

Yes. The dials on the AMR meter will be displayed just as they were on your old meter. You will still be able to read the meter.

7. Will the AMR meter interfere with home security systems, garage door openers, pacemakers, computers, radio, TV or other electronic equipment in my home?

No. The AMR signals operate at a special low power frequency and should not interfere with any of your electronic equipment.

(OK me again)

Is there any chance of this being a Comverge system?? If not its pretty interesting that Va Power would make a capital decision as such. I'm sure Comverge made a pitch and I don't think the company (Va Power)would go forward if they thought the better mousetrap was around the corner. Forget any biases you have about the South, Va Power (parent Dominion Resources) is regarded as a pretty well run utility.

I just found this interesting and would love to hear any comments. Obviously no one can monopolize meter reading, I just want to hear from those more knowledgeable than this ol'boy.
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