Itron Releases Next Generation Ultrasonic Prepayment Gas Meter
Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced the release of the Itron Intelis gFlex prepayment gas meter. The next generation meter combines Itron’s innovative ultrasonic solid state measurement technology with Itron's 30 years of experience in prepayment metering solutions
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--Nov 30, 2022--
Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced the release of the Itron Intelis gFlex prepayment gas meter. The next generation meter combines Itron’s innovative ultrasonic solid state measurement technology with Itron's 30 years of experience in prepayment metering solutions. Integrated into an easy-to-deploy SaaS solution and managed through different combinations of vending channels and credit transfer options, Intelis gFlex helps utilities ensure their revenue and reduce financial exposure. The meter is now available in Europe, the Middle East and Africa (EMEA), Latin America and the Asia Pacific region.
With the Intelis gFlex, consumers prepay for the gas they consume, securing upfront revenue for utility companies. Prepayment programs can help recover over 90% of unpaid bills when combined with other payment programs, according to the Prepay Energy Working Group. The meter’s innovative design enables different payment schemes through multiple vending channels, including kiosks, Points of Sale (PoS), smartphones and online vending. Credit can be transferred using various methods, such as a NFC ( near-field communication ) card, an app installed onto a smartphone or with a traditional STS token via the meter numeric keypad.
In addition to improved cash conversion for utilities, the prepayment meter will help improve customer satisfaction and reduce call center volume through a consumer portal and mobile app for recharging and monitoring. Consumers can manage their budget more effectively, getting their consumption data delivered in real-time via text, mobile applications or email. Additional features such as non-disconnection period and emergency credit make the user’s life easier. For areas where prepay is not used, the Intelis still allows a flexible post-payment operating mode, keeping the benefit of revenue assurance for utilities.
