The firm says its system automatically alerts the utility’s field team to investigate, resolve and report electricity theft immediately.
The firm stated this in a statement by business development manager Micheal Nwachukwu on Saturday, quoting the firm’s managing director, Tom Parkinson.
“The company is already in the country, working as a partner to the existing electricity companies,” said Mr Parkinson, according to the statement.
He said the company helps energy distribution utilities in emerging markets meet Aggregated Technical, Commercial and Collection (ATC&C) loss targets and boost revenues.“SteamaCo’s cloud-based IoT Advanced Metering Infrastructure (AMI) platform gives your utility the best way to detect theft and resolve it fast so you can meet your ATC&C losses targets.
“The platform easily integrates with your distribution network and smart meters, gathering and analysing data 24/7, 365 to detect meter bypass, meter tamper and illegal connection.
“SteamaCo enables utilities to operate in previously unreachable places and operate their distribution networks remotely and automatically and collect their revenue,” he said.
The statement also quoted the chief commercial officer, Phil Roberts as saying, “SteamaCo further helps utilities by pinpointing the vicinity of energy theft when it occurs.
“It also automatically alerts the utility’s field team to investigate, resolve and report on it immediately.
“With both faster theft detection and resolution, your utility can hit ATC&C loss targets quicker and boost your revenue.”
He stressed that this would help liberate African countries from all sorts of electricity and power challenges.