Today's electricity: 2.5 million electronic meters from here 3 years

Saudi Electricity Company announced on Wednesday the establishment of a contract to install smart meters on one of the national companies, which will begin the installation process of subscribers over the course of two years. months, noting that 2.5 million smart meters will be installed in the next three years.

Saudi Electricity announced that all meters will be completed in the next five years as part of its efforts to increase reliability of distribution networks, achieve greater accuracy, improve service quality, improve customer satisfaction and optimize the use of financial resources. Company to leave The smart meters will include all participants in the residential, commercial, industrial and other sectors during the different phases of the project. The company aims at modern technologies in terms of smart networks and meters, which also aims to protect the electrical networks against attacks and electronic penetrations.

The company also previously confirmed that the business development process is proceeding as planned, in order to follow the 2020 national transformation agenda and the vision of the 2030 Kingdom, emphasizing that the development process is being carried out through three strategic objectives. In addition to the efficiency of the network and the improvement of the efficiency, besides the programs focused on customer service, the Kingdom has experienced during the last five years a strong growth of the demand of 39, electricity, in the order of 30%, Over the next five years, the company is ready to meet this growing demand and meet the needs of nearly 11 million expected subscribers in 2021, thanks to its infrastructure and major projects in the fields of production, transmission and distribution of electrical energy.

The company has a large fiber optic network with lengths of more than 53,000 km circular, connected to all the transmission, production, distribution and installation facilities of the company. In addition, more than 70% of the stations are fully automated and the company plans to move to the next generation of digital terminals through the implementation of a pilot station project that took two years to serve as a model for digital stations around the world. The first of its kind in the Middle East, which will allow the company network to absorb 9.5 gigawatts of renewable energy.

The company added that it aims to install 2.5 million smart meters, which will reach 5.7 million by 2021.