The first company to benefit from the partnership is Counties Power, a lines company serving over 37,000 customers in New Zealand’s North Island.

Counties Power will specifically use Silver Spring’s Gen4 networking technology and UtilityIQ head-end software to deliver smart metering-as-a-service to their energy retailer clients.

Additionally, Silver Spring’s platform is also expected by the company to enhance the reliability and performance of its network, enable faster outage detection and restoration, and offer improved power quality to its customers.

The smart grid technology is anticipated to help customers take greater control of their electricity consumption and their bills.

Metrix general manager Tim O’Halloran said, ”Silver Spring’s Gen4 technology is a proven platform and enables our retail customers to deliver comprehensive energy information to consumers so they can better understand their usage and, in turn, control their bills.”

Counties Power CEO Neil Simmonds said, ”Counties Power will also use the platform and its new smart meters to minimise future network capital costs and, therefore, prices over the next decade.”

The joint Silver Spring and Metrix deployment with Counties Power is scheduled to commence in late 2013.