LUMA announces contract to launch next phase of their Smart Meter Initiative
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LUMA has announced the next phase of their Smart Meter Initiative, aiming to deploy 1.5 million smart meters across Puerto Rico. This is a key step in modernizing the electric grid, with no rate increases for customers.
December 17, 2024 | 2:00 pm
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LUMA's announcement to deploy 1.5 million smart meters in Puerto Rico could benefit Itron, Inc. (ITRI), a company known for smart meter technology.
Itron, Inc. (ITRI) is a key player in smart meter technology. LUMA's initiative to deploy 1.5 million smart meters could lead to potential contracts or increased demand for Itron's products, positively impacting its stock price.
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