ITRI Itron Inc.

ComEd and Itron to Accelerate Development of Smart Cities in Illinois Through Smart Streetlight Program

Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, and ComEd, which delivers energy to more than 4 million customers in Chicago and northern Illinois, today announced an initiative to modernize municipal lighting and drive smart city development in northern Illinois.

Itron will connect and manage up to 140,000 municipal smart streetlights across ComEd’s service territory, leveraging Itron’s multi-application IPv6 networking platform that ComEd is using for a variety of smart grid applications.

“By deploying an intelligent streetlight network across our service territory, we are helping reduce energy use for streetlights, saving money for our customers and setting the stage for smart city applications and services,” said Michelle Blaise, senior vice president, Technical Services, ComEd. “Itron’s proven expertise and solutions are helping us drive innovation and connect our customers and communities.”

The smart streetlights will be managed using Itron’s Streetlight.Vision Central Management System through a Software-as-a-Service model. This announcement supports the Illinois Commerce Commission’s objective to establish "smart" as the new standard for all streetlights that ComEd owns in northern Illinois. ComEd will take advantage of the solution to reduce the cost of managing and maintaining the lights and to enhance the quality of service, reliability for community members through remote brightening and dimming features.

“The state of Illinois is emerging as a model for how IoT and smart city deployments should be done, thanks in part to initiatives ComEd is driving,” said Sharelynn Moore, senior vice president of networked solutions at Itron. “We are honored to be able to take part in programs that establish the foundation for achieving truly connected smart cities, and we look forward to our continued efforts with ComEd to help set the standard for smart utilities as we expand our reach into the broader industrial IoT segment.”

This program represents another milestone in ComEd’s efforts to transform the electric system serving 70 percent of Illinois. Since 2013, Silver Spring Networks, which was acquired by Itron, has collaborated with ComEd to deploy smart grid investments authorized by the Energy Infrastructure Modernization Act, or Smart Grid Law, enacted in 2011, including the communications system that supports the network of more than 4 million smart meters that have been installed in the ComEd region. ComEd also has signed a Memorandum of Understanding with the Metropolitan Mayors Caucus to create a new model for how utilities and municipalities can work together to create greener, more resilient and sustainable communities, including the use of smart LED streetlights.

About ComEd

Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider, with approximately 10 million customers. ComEd provides service to approximately 3.9 million customers across northern Illinois, or 70 percent of the state's population. For more information visit , and connect with the company on ,  and .

About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure services to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: .

Itron® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

EN
29/01/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Itron Inc.

 PRESS RELEASE

Itron Announces Fourth Quarter and Full Year 2025 Financial Results

Itron Announces Fourth Quarter and Full Year 2025 Financial Results LIBERTY LAKE, Wash., Feb. 17, 2026 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today financial results for its fourth quarter and full year ended Dec 31, 2025. Key results for the quarter and full year include (compared with the fourth quarter and full year of 2024): Revenue of $572 million and $2.4 billion, decreased 7% and 3%;GAAP net income attributable to Itron, Inc. of $102 million and $301 million, increased $44 million...

 PRESS RELEASE

Itron and Toumetis Team Up with Southern California Utility to Reduce ...

Itron and Toumetis Team Up with Southern California Utility to Reduce Wildfire Risk and Improve Reliability by Preventing Outages and Shortening Restoration Time Collaboration Advances Wildfire Mitigation with Predictive Analytics, Faster Fault Location and Acce LIBERTY LAKE, Wash. and BOISE, Idaho, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Itron and Toumetis today announced a project in Southern California to strengthen wildfire mitigation and improve electric reliability by deploying advanced, real-time analytics that help reduce SAIFI (System Average Interruption Frequency Index) and SAIDI (...

 PRESS RELEASE

PG&E and Itron Expand Collaboration to Enhance Customer Experience and...

PG&E and Itron Expand Collaboration to Enhance Customer Experience and Improve Grid Management with Distributed Intelligence OAKLAND, Calif. and LIBERTY LAKE, Wash., Feb. 03, 2026 (GLOBE NEWSWIRE) -- Pacific Gas and Electric Company (PG&E) and Itron are embarking on the next phase of their collaboration to transform the energy landscape, enhance the customer experience, reduce wildfire risk and create a more reliable and flexible grid. Building on the companies’ existing , PG&E is further integrating and deploying Itron’s to help: Make home electrification easier and more affordable for...

 PRESS RELEASE

Itron to Showcase Advancements in Grid Edge Intelligence and Resilienc...

Itron to Showcase Advancements in Grid Edge Intelligence and Resiliency at DTECH 2026 End-to-End Solutions Address Grid Complexity, Rising Energy Demand and Reliability Challenges LIBERTY LAKE, Wash., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is showcasing the latest advancements with its  as well as its newly formed Resiliency Solutions segment at DTECH 2026 in San Diego, Calif., Feb. 2-5, 2026. As utilities grapple with increased grid complexity and energy demand from electrification...

 PRESS RELEASE

Powering Smarter Utilities: Itron Deepens Strategic AI Collaboration w...

Powering Smarter Utilities: Itron Deepens Strategic AI Collaboration with Microsoft New Intelligent Edge Operating System Copilot Connector Empowers Utilities to Achieve New Levels of Efficiency LIBERTY LAKE, Wash., Jan. 28, 2026 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is deepening its long-standing collaboration with Microsoft to accelerate AI innovation at the edge, delivering solutions that empower utilities to achieve new levels of efficiency, resilience and customer engagement. Building on yea...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch