3 Million Itron Intelis Gas Meters and Counting: Peoples Natural Gas Receives Milestone Meter

Rhea-AI Summary

Itron (NASDAQ: ITRI) has achieved a significant milestone with the delivery of its 3 millionth Intelis gas meter to Peoples Natural Gas, Pennsylvania's largest natural gas distributor. The Intelis meter, North America's lightest residential gas meter at 4.35 pounds, offers advanced features including enhanced safety through automatic valve closure, remote shut-off capabilities, and seamless transition from AMR to AMI systems. The meter provides real-time safety monitoring and system insights through advanced software. This milestone delivery builds on a 30-year partnership between Itron and Peoples Natural Gas, marking their continued collaboration in improving gas distribution operations and customer service.

Positive

• Reached significant milestone of 3 million Intelis gas meters shipped globally
• Product features enhance safety with automatic valve closure and remote shut-off capabilities
• Lightest residential gas meter in North America (4.35 pounds) reducing installation costs and carbon emissions
• Strong market presence with over 100 million gas endpoints globally

Negative

• None.

News Market Reaction

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+0.17% News Effect

On the day this news was published, ITRI gained 0.17%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Itron’s Intelis Gas Meter Supports Peoples Natural Gas’ Commitment to Safety and Reliability for Residents in Pennsylvania and Kentucky

LIBERTY LAKE, Wash., May 01, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, marks a significant milestone with the 3 millionth shipment of its Itron’s Intelis® gas meter. The milestone meter was received by Peoples Natural Gas, the largest natural gas distribution company in Pennsylvania.

Itron’s Intelis solid-state residential gas meter helps utilities like Peoples Gas and many other leading gas utilities ensure reliability and access key benefits including:

• Enhanced Safety: Advanced sensing and automatic valve closure in the event of high pressure, high flow or high temperature. Any of these events trigger the internal valve to close automatically.
• Remote Shut-Off Capabilities: The remote shut-off valve can be configured and activated for events such as safety events, move outs, or line maintenance.

• Seamless Transition from Automated Meter Reading (AMR) to Advanced Metering Infrastructure (AMI): Intelis gas meters can support both AMR and networked AMI functionality, easing this transition at the utility’s own pace.
• Gas Distribution System Insights:   As gas utilities transition to AMI, Itron provides advanced software to visualization, monitor and track all the safety events and alarms that are generated by the Intelis gas meters to provide real time visibility for managing safety across the gas distribution network.  
• Lightest Residential Gas Meter in North America: At 4.35 pounds, the compact size significantly streamlines installation and storage, which enhances utility employee safety and reduces carbon emissions due to transportation efficiencies.
  
  

“At Peoples Natural Gas, we strive to make lives better. This is the aspiration of our company and the goal that we work toward every day.   The enhanced capabilities of the meters allow us to improve customer service and safety,” said Ron King VP Gas Operations at Peoples Natural Gas. “Our work together with Itron began almost 30 years ago when we deployed AMR devices. After years of success with Itron, we are honored to receive this milestone meter and look forward to embarking on this new journey and improving gas distribution operations.”

“Enhancing safety and improving operational efficiencies are the basis of Itron’s gas edge solutions,” said John Marcolini, senior vice president of Networks at Itron. “Peoples Natural Gas is creating an interactive gas distribution network with Intelis gas meters, enabling two-way communication between the end-customer and the utility. With more than 100 million gas endpoints and 3 million Intelis meters shipped globally, we are helping our customers reach beyond traditional meter-to-cash benefits, leveraging deeper analytics and applications to set new standards for safety and reliability.”

To learn more about Itron’s Intelis gas meter, visit Itron booth 1201 at the American Gas Association conference or go it to the Intelis meter product page.

About Itron

Itron is a proven global leader in energy, water, smart city, IIoT and intelligent infrastructure services. For utilities, cities and society, we build innovative systems, create new efficiencies, connect communities, encourage conservation and increase resourcefulness. By safeguarding our invaluable natural resources today and tomorrow, we improve the quality of life for people around the world. Join us: www.itron.com.

Itron^®, the Itron Logo and Intelis are registered trademarks of Itron, Inc in the United States and other countries and regions. 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.

For additional information, contact:

Itron, Inc.

Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
PR@Itron.com

Paul Vincent
Vice President, Investor Relations
512-560-1172
Investors@itron.com

Itron, Inc.

• LinkedIn: www.linkedin.com/company/itroninc
• X: www.x.com/itroninc
• Newsroom: https://itron.com/newsroom
• Blog: https://itron.com/blog

FAQ

What is the significance of Itron's 3 millionth Intelis gas meter delivery to Peoples Natural Gas?

The delivery marks a major milestone for Itron's Intelis gas meter adoption and represents the continuation of a 30-year partnership with Peoples Natural Gas, Pennsylvania's largest natural gas distributor, enhancing their safety and operational capabilities.

What are the key safety features of Itron's Intelis gas meter?

The Intelis gas meter includes advanced sensing, automatic valve closure for high pressure/flow/temperature events, remote shut-off capabilities, and real-time safety monitoring through advanced software.

How does Itron's Intelis gas meter weight compare to other residential gas meters?

At 4.35 pounds, the Intelis gas meter is the lightest residential gas meter in North America, improving installation efficiency and reducing carbon emissions through transportation efficiencies.

What is the total number of Itron's gas endpoints globally?

Itron has over 100 million gas endpoints globally, including 3 million Intelis meters shipped.

How does the Intelis gas meter support the transition from AMR to AMI?

The Intelis gas meter supports both Automated Meter Reading (AMR) and Advanced Metering Infrastructure (AMI) functionality, allowing utilities to transition between systems at their own pace.