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Landis+Gyr (L+G) has announced a $956 million contract with U.K.-based natural gas and electricity provider British Gas for over 10 million smart meters. Under the deal, L+G will supply the majority of the 16 million smart meters the utility will install in its customers' homes.

An L+G spokesperson tells Renew Grid that the order comprises both gas and electric meters, but the company cannot disclose how many units of each type of meter the company will supply at this time.

By 2020, gas and electric smart meters will be rolled out as standard to homes and businesses across the country as part of a government initiative, L+G notes. British Gas adopted a strategy to introduce smart meters into homes and businesses early and has already installed more than 1 million meters.

As a result of the newly announced deal, L+G says it expects to double its 600-strong U.K. workforce and extend its manufacturing facilities to meet demands in the region.




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