ITRI Itron Inc.

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. 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 () 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.

Featuring embedded intelligence, the Intelis gFlex platform operates without the need of a communication network, transferring data back to the utility using NFC technology. When consumers transfer credit onto the meter, meter data is loaded onto the NFC card or mobile app and transmitted back to the utility via the vending channel (e.g., kiosk or app) when additional credit is purchased.

The meter is also designed to withstand harsh field conditions, while offering superior metrology over the entire lifetime, thus reducing the total cost of ownership of the solution. The solid-state meter requires less on-site maintenance while maintaining a higher level of accuracy over time. Combined with programmable gas supply shutoff and exceptions management features, Intelis gFlex reduces both operation and maintenance costs.

“Building on Itron’s long standing experience in prepayment metering, Itron’s Intelis gFlex offers utilities the ultimate solution for payment flexibility. The reliable, accurate metering solution optimizes cash collection and reduces bad debt at lower operational cost, helping ensure revenue while improving customer satisfaction,” said Justin Patrick, senior vice president of Device Solutions at Itron. “With embedded intelligence, the meter is truly plug-and-play, and it is built to withstand harsh installation conditions, giving utilities an easy and reliable path to revenue assurance.”

Key features of the Intelis gFlex meter include:

  • Revenue protection: End-users prepay the gas they consume, securing upfront revenue for utility companies.
  • Built for harsh network conditions: Capability to withstand harsh conditions such as dust and moisture.
  • Long-lasting performance in field: Superior metrology performance that will ensure accuracy over the approximately 20-year life of the meter.
  • Enhanced consumer experience: Consumers have the flexibility to purchase the amount of gas they need and choose the payment channel and method that is most convenient for them.
  • Full set of data: Features tamper detection, advanced diagnostic capabilities and extended datalogging (e.g., daily, weekly, monthly) for additional data intelligence.
  • Communication network optional: Two-way communication that is implemented though the NFC card or a smartphone used to load the credit and transmitted back to the utility via the vending channel (e.g., kiosk, app).

Availability

The Intelis gFlex meter is now available in EMEA, LAM and APAC. For more information, visit the . For sales inquiries, go to .

About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions 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
30/11/2022

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 Appoints Sheri Savage to Board of Directors

Itron Appoints Sheri Savage to Board of Directors Executive Brings More Than 30 Years of Experience in Finance LIBERTY LAKE, Wash., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced the appointment of Sheri Savage, senior vice president of finance and CFO at Ultra Clean Holdings (UCT), Inc., to its board of directors, effective Aug. 11, 2025. Savage has more than 30 years of experience in finance, most recently as the head of finance for UCT, a semiconductor capital equipment and man...

 PRESS RELEASE

Itron Announces Second Quarter 2025 Financial Results

Itron Announces Second Quarter 2025 Financial Results LIBERTY LAKE, Wash., July 31, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its second quarter ended June 30, 2025. Key results for the quarter include (compared with the second quarter of 2024): Revenue of $607 million;Gross profit of $224 million, increased 6%;GAAP net income attributable to Itron, Inc. of $68 million, increased $17 million;GAAP diluted earnings per share of $1.47, increased $0....

 PRESS RELEASE

Itron Announces Participation at Upcoming Investor Conference

Itron Announces Participation at Upcoming Investor Conference LIBERTY LAKE, Wash., July 23, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today that it will participate virtually in the Oppenheimer 28th Annual Technology, Internet & Communications Conference to be held Aug. 11, 2025. Tom Deitrich, president and chief executive officer, and Joan Hooper, senior vice president and chief financial officer, will represent the Company in a fireside chat at 12:25 p.m. Eastern Daylight Time. Inte...

 PRESS RELEASE

Itron to Announce Second Quarter Results on July 31, 2025

Itron to Announce Second Quarter Results on July 31, 2025 LIBERTY LAKE, Wash., July 10, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today that it will release financial results for the quarter ended June 30, 2025 before market opens on Thursday, July 31, 2025. The company’s press release and financial statements will be available on the company’s website at on July 31, 2025 at 8:30 a.m. EDT followed by the management conference call at 10 a.m. EDT to discuss the results. Interested parti...

 PRESS RELEASE

Itron Celebrates Shipment of 2 Millionth Cyble™ 5 Communication Module

Itron Celebrates Shipment of 2 Millionth Cyble™ 5 Communication Module French Water Provider, Metz Eurométropole Water Utility, Receives Milestone Module LIBERTY LAKE, Wash., June 25, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, has shipped more than 2 million of its . French water utility, , is the recipient of the two millionth module. The water provider is deploying Itron Cyble 5-equipped water meters in support of its migration from automated meter reading (AMR) to advanced metering infrastruct...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch