United Energy continues to progress the smart meter project in Victoria.

This project will involve replacing over 650,000 advanced electricity meters, deploying a new communications network, installing new supporting IT systems and redesigning business processes to accommodate the new meters. Deployment of the new AMI electricity meters is expected to commence in 2009 and to be completed by the end of 2013. United Energy Distribution has finalised funding arrangements for its Advanced Metering infrastructure Project and is in the process of letting contracts for the works. The total value of the project is $345 million.
Source: DUET 2009 Interim Financial Report