Paris, Vancouver, New York, January 26, 2011 – The three-year contract with Capgemini is worth an estimated $63 million CAD (approximately €48 million).
The Smart Metering Program, including the installation of new digital meters, is a key first step in delivering a modern electricity grid for the benefit of BC Hydro customers. By improving safety, reliability, customer service, and reducing electricity theft, BC Hydro is confident the $930 million CAD (approximately €709 million) program will return benefits of over $1.6 billion CAD (approximately €1.22 billion) to BC Hydro customers.
Under the agreement, Capgemini will provide system integration and project management services, helping to design and deliver a program that will see the replacement of more than 1.8 million meters in BC with digital smart meters, along with information technology and telecommunications infrastructure to enable two-way communications between BC Hydro and its customers.
“We have carefully designed this program to deliver a positive business case and the best possible value to our customers,” said Gary Murphy, Chief Project Officer of BC Hydro’s Smart Metering Program. “We are now collaborating with Capgemini to deploy the program based on their proven industry experience, and their ability to deliver real results on time.”
“This new partnership with BC Hydro underscores the success of our collaborative approach in helping utilities develop solutions to effectively meet current and future challenges, while effectively addressing the needs of environmentally conscious consumers,” said Perry Stoneman, vice president and global leader, Smart EnergyServices, Capgemini. “Capgemini’s Smart Energy Services solutions help utilities increase efficiency, and enables them to transform existing infrastructure, programs and services to fulfill regulatory requirements and meet consumer needs.”
Smart Energy Services is one of the five offerings launched by Capgemini group in 2010. This global service line is providing the full spectrum of smart metering, smart grid, smart home solutions and smart analytics to utilities across the globe. The offering leverages a range of proven services and best practices successfully developed by Capgemini since 2004 working with more than 20 North American and European utilities. Also central to the Smart Energy Services offering is the company’s proprietary Managed Business Services, a usage-based pricing model designed to offer greater flexibility for the utility by minimizing large upfront capital expenditure.
About BC Hydro
BC Hydro is a commercial Crown corporation owned by the Province of British Columbia. BC Hydro is one of North America’s leading providers of clean, renewable energy, and the largest electric utility in British Columbia, serving approximately 95 per cent of the Province’s population and approximately 1.8 million customers. BC Hydro is responsible for reliably generating between 42,000 and 52,000 gigawatt hours (GWh) of electricity. Electricity is delivered to our customers through a network of over 18,000 kilometres of transmission lines and 57,000 kilometres of distribution lines. More information is available at www.bchydro.com/news
Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, enables its clients to transform and perform through technologies. Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working, the Collaborative Business ExperienceTM. The Group relies on its global delivery model called Rightshore®, which aims to get the right balance of the best talent from multiple locations, working as one team to create and deliver the optimum solution for clients. Present in more than 35 countries, Capgemini reported 2009 global revenues of EUR 8.4 billion (approximately USD $11.6 billion) and employs 100,000 people worldwide. More information is available at www.capgemini.com.
Rightshore® is a trademark belonging to Capgemini.