Home > News & Events > Press Releases 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |

Pepco Holdings, Inc. Selects Silver Spring Networks for Smart Grid

Blueprint for the Future to leverage open, IP networking platform

Distributech Conference, San Diego, CA – February 3, 2009 - Silver Spring Networks (SSN) announced today that it has been selected by Pepco Holdings, Inc. (PHI) to provide advanced networking products and services to build a Smart Grid network that will serve its 1.9 million customers in Delaware, Maryland, New Jersey and Washington D.C.  Silver Spring Networks was selected after a rigorous market review to support PHI’s Blueprint for the Future initiative.  Silver Spring Networks and PHI have signed a definitive agreement and deployment activity is underway. Initial deployments will occur in the Delmarva Power & Light service territory in Delaware, with full deployment to all PHI customers anticipated by 2013, pending regulatory approvals. Under the multi-year agreement, Silver Spring Networks will provide network infrastructure, devices, software and a variety of services in support of PHI’s efforts. 

PHI selected SSN’s Smart Energy Network in support of its Blueprint for the Future initiative encompassing a variety of Smart Grid solutions, including advanced metering, distribution monitoring and control and home automation. Silver Spring Networks provides an open, secure, proven networking platform that will enable PHI to realize current goals as well as additional operational and environmental benefits in the future.  

“Silver Spring Networks is delighted to be selected by PHI” said Scott Lang, President and CEO of Silver Spring Networks. “Progressive utilities such as PHI are empowering their customers to save money and reduce the environmental impact of their energy use.”
“PHI is on the leading edge of what will be one of the most significant changes in our industry,” said Dennis R. Wraase, Chairman and Chief Executive Officer of PHI.  “Utilities are looking for new ways to provide greener energy, greater reliability and customer-focused solutions to help control energy bills.  By moving forward with the smart grid, we are building a platform to achieve this goal.”

About Silver Spring Networks

Silver Spring Networks is a leading smart grid networking platform technology and solutions provider. We have connected over 10 million homes and businesses throughout the world with the goal of achieving greater energy efficiency for the planet. Our innovative products enable utilities to gain efficiencies,integrate renewable energy sources and empower customers to monitor and manage energy consumption. Silver Spring Networks’ utility clients include Baltimore Gas & Electric, CitiPower & Powercor, Florida Power & Light, Jemena Electricity Networks Limited, Pacific Gas & Electric and Pepco Holdings, Inc. among others.  For more information please visit www.silverspringnet.com.

About Pepco Holdings, Inc.

PHI is one of the largest energy delivery companies in the Mid-Atlantic region, serving about 1.9 million customers in Delaware, the District of Columbia, Maryland and New Jersey. PHI subsidiaries Pepco, Delmarva Power and Atlantic City Electric provide regulated electricity service; Delmarva Power also provides natural gas service. PHI provides competitive wholesale generation services through Conectiv Energy and retail energy products and services through Pepco Energy Services.

Media Contact:
Silver Spring Networks
Lisa Magnuson
lisamag@silverspringnet.com
415-531-9199

Pepco Holdings, Inc.
Kate Guerin
guerink@ruderfinn.com
860-810-5657