Acquisition Expands Energy Management and Smart Grid Portfolio
PROVO, Utah – APX Alarm Security Solutions Inc., one of the nation’s largest security and home services companies, today announced the acquisition of Meter Solutions, an independent installation provider of smart meter technologies. The acquisition broadens APX’s focus on providing smart grid and energy management solutions for consumers.
Meter Solutions, based in Orem, Utah, specializes in the installation of Automated Metering Infrastructure systems, or AMI, a technology that automatically collects data from water, gas, or electronic meters and wirelessly transmits the information to a central database used for billing and analyzing. This instant data collection provides utility companies with more accurate billing and also reduces labor costs, eliminating the need for additional field technicians and door-to-door meter reading.
“Meter Solutions has made great strides over the past several years in becoming a leader in smart grid deployments. By merging with APX, we hope to continue to bring innovative solutions to our utility customers, while also providing the consumer with an opportunity to benefit from the increased functionality provided by a fully integrated AMI system,” said Taylor Turnbull, chief executive officer of Meter Solutions.
“We are excited to see the evolution of home automation and smart grid technologies as they begin to work hand-in-hand,” said Alex Dunn, chief operating officer of APX Alarm. “With the acquisition of Meter Solutions, our company is smart grid ready, providing energy efficiency and cost-effective remedies for both homeowners and utility companies.”
As a nationwide installation provider of smart meters, Meter Solutions’ clients include Questar Gas, PGE, and Elster (NYSE: ELT). Current meter installation services include:
- AMI Site Surveys
- AMI Infrastructure Installation
- AMR/AMI Endpoint Installation
- Water, Gas, and Electric Meter Retrofits
- Complete Water and Electric Meter Replacement
- GPS Meter Locating
- Digital Photography of Meters
- Barcode Scanning
- Completion Order Timestamp
- System Mapping
- Meter Testing/Repair
For more information on Meter Solutions visit www.metersolutions.com
About APX Alarm
APX Alarm’s mission is to help families protect and secure their future. Now in its 11th year of operations, APX Alarm is one of the fastest growing national residential security alarm companies providing world-class customer support and service to hundreds of thousands of customers throughout North America. APX Alarm is currently ranked #6 on the SDM list of the largest 100 residential security installation and monitoring companies.