Lyse signs AMS contract with OneCo

Lyse has signed an agreement with industrial group OneCo for the installation of at least 140. 000 automatic electricity meters. When the major roll-out starts at Lyse Elnett in 2015, more than 40 installers will be at work every day.

Lyse has signed an agreement with the industrial group OneCo for the installation of at least 140,000 automatic electricity meters. When the major roll-out starts at Lyse Elnett in 2015, more than 40 installers will be at work every day. The contract is worth around NOK 140 million.

^{Caption:
In front, from right, Jan Holm, CEO of Lyse Smart and Marvin Jensen, CEO of the OneCo Group. Behind f.h. Torbjørn Johnsen, Executive Vice President Lyse Infra and Arne Riise, CEO OneCo Vests.}

"This is an important contract, and the last major contract we enter into in the project to roll out new electricity meters. It's good to have come this far. Choosing the right installer is crucial for a successful roll-out," says CEO Torbjørn Johnsen of Lyse Elnett.

The contract has been put out to public tender and several installers have submitted tenders. The tenders were carefully reviewed before OneCo was selected.

"Expertise and the ability to deliver over many years while the project is underway have been particularly important in addition to price when choosing a supplier. In addition, OneCo is a solid company with local roots in our region," says Johnsen.

The agreement means that OneCo will be responsible for booking, meter replacement, end-customer follow-up, reporting, registration, operation and maintenance. The delivery also includes options to purchase installation services of infrastructure, other components and resource management for the roll-out of new meters.

"OneCo is proud and humbled to have been selected as an important partner for Lyse in connection with the replacement of electricity meters. We have gradually gained good experience in such projects and look forward to starting up the pilot project during the autumn. Lyse has chosen a project model that places great demands on us as a supplier, but at the same time provides for extensive involvement and cooperation during the project. We believe that this will be an important success factor for the project," says Arne Riise, CEO of OneCo Vests AS.

This autumn, 300 grid customers will receive new electricity meters as part of a pilot to test the entire value chain from first contact with the customer until the meter has been in operation for a month. The first customers will live in all the municipalities in the grid company's catchment area. The customers will be selected at random to make the pilot as real as possible.

Contact persons:
Lyse Elnett:
Managing Director Torbjørn Johnsen Tel: 51908110 Mob: 93488110
Communications Advisor Ingvild Ween Tel: 51908116 Mob: 93488116

OneCo Vest:
CEO Arne Riise mob: 916 97 582

Facts about AMS (Advanced Metering and Control Systems):
The authorities have decided that all homes, cabins and commercial buildings must have new digital electricity meters by 2019. The new meters will register consumption on an hourly basis and send data automatically to the grid company. The aim is a more efficient energy market and for customers to become more aware of their consumption and shift some of their consumption to times of the day when prices are lower. Replacing the electricity meter is financed through grid rent and does not result in an extra invoice when the meter is replaced.

Facts about Lyse:
Lyse is an industrial group within energy and telecommunications based on fibre. The Group's roots go back more than 100 years, when hydropower was first used to produce electrical energy and transmitted over large distances. The grid company Lyse Elnett is one of the country's largest with over 140,000 grid customers. Lyse aims to maintain a high level of security of supply in the electricity grid by, among other things, utilising new technological opportunities.

Facts about OneCo:
OneCo is an industrial group with core activities in oil & gas, infrastructure, industry, renewable energy and construction. The company is a nationwide total supplier of AMS (advanced metering systems) solutions, and also specialises in replacing meters in large numbers. OneCo currently has around 1,100 employees, an annual turnover of around NOK 2 billion and has locations in Kristiansand, Grimstad, Sandnes, Bergen, Trondheim, Oslo and Drammen.