Pacific Power Selects Silver Spring Networks for Advanced Metering in Northwest U.S.

Smart Grid Platform and Solutions to Enable Pacific Power to Improve Reliability, Increase Operational Efficiencies across Large Service Territory and Help Customers Better Manage Usage and Costs

Portland, OR and Redwood City, CA – May 9, 2016 – Silver Spring Networks, Inc. (NYSE: SSNI) today announced that it has been selected by Pacific Power to provide the platform and solutions for an advanced metering infrastructure for approximately 600,000 homes and businesses across 180 communities in Oregon.

Silver Spring will deploy its multi-application Gen5 IPv6 platform to provide two-way communication capabilities for advanced metering that can help Pacific Power better serve its customers, improve grid maintenance and reliability, and offer operational efficiencies.

“Our smart meter investment is another key step towards the energy grid of the future here in Oregon,” said Stefan Bird, president and CEO of Pacific Power. “By partnering with Silver Spring Networks, we will be able to offer our customers real benefits, while generating savings that exceed the costs over the life of the meters.”

“Silver Spring is known around the world for being a trusted partner to utilities in delivering real, proven value as they modernize the grid,” said Mike Bell, President and CEO, Silver Spring Networks. “We are honored to partner with Pacific Power as they leverage Internet of Things technology to transform their services.”

The initial phase of the Pacific Power advanced metering and customer engagement program is expected to begin this year, with meter deployment planned to start in early 2018 and run through mid-2019. For more information, please visit https://www.itron.com/na/solutions/what-we-enable/industrial-internet-of-things

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