PERI Software joins the ranks of The Edison Electric Institute
The Edison Electric Institute (EEI) is the association of U.S. shareholder-owned electric companies
Los Angeles, CA
PERI Software, based in Newark, NJ, has become a member of The Edison Electric Institute (EEI), which is the association of U.S. shareholder-owned electric companies. It's members serve 95 percent of the customers in the shareholder-owned segment of the industry, and represent about 70 percent of the U.S. electric power industry.
"We believe it is a good match for PERI Software," said & CEO Sarav Periasamy, PERI Software Solutions Inc., which is based in Newark, NJ, with offices in Los Angeles and San Jose, CA. "We are already working with electric, gas and water companies in conversion of smart grid technology," explained PERI, "so it is a natural for us to become a member of this institute."
"Smart grid technology is mainly used by utilities, and thanks to the incentives program, it will be more affordable to municipalities and their customers," Periasamy said. "A Research show that 60 percent of the electricity generated in this country is lost to inefficiencies, and the fact that smart grid technology is green and does not cost more, utility customers can feel great about saving energy at their home and office."
PERI has been offering smart grid technology after testing and measuring successful cost saving results over the last two years. "We are the Asian-business- owned smart grid technology leader in this space providing end-to-end smart grid business solutions," he said.
One year ago, the U.S. Dept. of Energy allocated $11 billion for smart grid creation, and utilities are investing millions of their own funds to electric grid improvements in their service areas. While smart grid development is being tested nationwide, PERI was already offering smart grid technology after testing and measuring successful cost saving results.
PERI Software is the Asian business-owned smart grid technology leader in this space providing end-to-end smart grid business solutions. PERI is headquartered in Newark, New Jersey. Earlier this year PERI opened offices in the Wells Fargo Tower in the business district of downtown Los Angeles. The worldwide company also has offices in San Jose and Chennai, India.
About The Edison Electric Institute (EEI)
The Edison Electric Institute (EEI) is the association of U.S. shareholder-owned electric companies. Our members serve 95 percent of the ultimate customers in the shareholder-owned segment of the industry, and represent approximately 70 percent of the U.S. electric power industry. We also have more than 65 International electric companies as Affiliate members, and more than 170 industry suppliers and related organizations as Associate members.
Founded in 1999, PERI is a global business solutions company, which has grown to more than 1000 plus employees and delivers high value-cost effective technology based business solutions. PERI draws on deep industry expertise and a portfolio of interrelated consulting, business processes, application development along with smart-intelligent hardware and software products. PERI blends strategic design, proven technology, and timely delivery of solutions that maximize customers return on IT investment. Be sure to visit PERI's blog for company updates and developments http://perisoftware.wordpress.com