The smart meter business in North American is leveling off, according to Navigant Research.
The firm says that the business enjoyed good times from 2009 to 2012 when the U.S. Department of Energy’s (DoE) Smart Grid Investment Grant Program led to many installations across the United States. The report says that fewer projects have been undertaken since the program ended. Projects by Con Edison and Hawaiian Electric have bucked the trend, however.
The study says that the top vendors in the sector are Aclara at 28.6 percent. It is closely followed by Itron at 24.2 percent and Landis+Gyr at 23.7 percent.
Projects are ongoing, of course. For instance, The Chicago Tribune reported earlier this month that in July Commonwealth Edison will begin installing smart meters to homes and businesses in La Grange, IL.