Dive Summary:

• American Electric Power Texas (AEP Texas) has installed 500,000 smart meters, which is halfway to its newly contracted goal.
• The original deal with Landis+Gyr called for 720,000 meters in total, but the expanded contract includes an additional 280,000 meters located in rural areas of AEP Texas’ service area.
• Installation began in 2009, at which time AEP Texas had wanted all its meters replaced with advanced models by 2014.

From the article:

AEP Texas recently expanded its agreement with Landis+Gyr to install Gridstream advanced meters across the utility's entire service territory.

The agreement comes after the AEP Texas smart grid project surpassed the halfway mark by successfully deploying more than 500,000 advanced meters. Landis+Gyr's original contract with AEP Texas covered about 720,000 meters. The expanded contract includes the remaining 280,000 meters located in rural areas of the utility's service territory. ...