How Verizon and Honeywell Are Transforming Energy: 3 Things to Know

Remember the days when you used to wait for a technician to come by and check your electric meter?

Now, thanks to a partnership between Verizon and Honeywell, your smart electric meter can be connected to Verizon's 5G network. This means that your energy usage can be monitored and managed remotely in real-time, helping to ensure more efficient and reliable service without the need for in-person visits from your utility.

“Through Verizon 5G connectivity, we are reimagining the utility ecosystem with cellular connected smart meters that provide the needed insights to help improve grid performance and customer satisfaction,” said Amol Motivala, President of Honeywell Smart Energy.

This approach aims to upgrade the utility industry to create a more autonomous and efficient energy distribution system.

Keep reading to get an inside look at how this partnership can help the utility industry.

5G-enabled smart meters mean a more reliable, resilient grid 

Utility companies now have a more secure and reliable network to send real-time information about energy usage, grid conditions and equipment performance. This integration allows for better management of energy resources, improving grid reliability and reducing waste. These smart meters support remote upgrades, extending their useful life and minimizing the need for technician visits.

The cloud and 5G integration will drive next-gen utility solutions

This duo enables utilities to shift toward autonomy, offering real-time connectivity that enhances grid performance and boosts customer satisfaction. With Verizon's 5G connectivity leveraged by Honeywell's smart meters, utilities gain enhanced operational visibility, supporting energy insights and delivering near real-time forecasts of energy demand.

IoT power can help transform utility management

As IoT solutions for utilities continue to grow, cellular connectivity stands out as one of the most effective ways to enable the intelligence that helps manage energy resources.  Its inherent security and reliability can unburden the grid and improve efficiency. IoT management capabilities offer customers visibility into the health and performance of their full fleet of IoT devices, including smart meters, on a single pane of glass.

Read More: How Industrial IoT Will Solve the Problems of the Next 20 Years

“With massive changes on the horizon for utilities, connected capabilities are going to be critical for managing evolving demands for energy and minimizing outages or unforeseen maintenance events,” said TJ Fox, Senior Vice President of Industrial IoT and Automotive at Verizon Business.

Read the full press release for more insights and discover how this partnership is shaping the future of energy.