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Why replace existing meters and how much will the project cost?

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Why replace existing meters?

Although they are still reliable, close to half of Hydro-Québec’s meters are over 25 years old and must be replaced before they have outlived their useful lives. Within five years, two thirds of the meter fleet will have reached the end of its useful life.

Electromechanical meters, with a spinning disc and several dials, haven’t been manufactured in North America since 2010. Measurement Canada imposes strict rules on companies to guarantee the precision of the measurement systems they use.

Hydro-Québec is therefore required to install meters that will enable it to meet those standards, so replacing them is not a choice, but a necessity.

We have chosen to set up an advanced metering infrastructure with automated meter reading and install next-generation meters for all customers.

How much will the project cost?

The project filed with the Régie de l’énergie [Québec energy board] represents an investment of close to a billion dollars, for savings of $200 million (current dollars), compared with keeping the existing technology.

We anticipate recurrent savings of $81 million by the end of the technology rollout in 2018. These savings will have a positive impact on rate changes.

What is the total cost of the meter replacement project? What is the total cost of the meter replacement project? ˲

What is the total cost of the meter replacement project?

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