Oklahoma Gas and Electric Co. on Monday won the electric industry's most prestigious honor.
The Edison Award is the top award given by the Edison Electric Institute, the association of shareholder-owned electric companies whose members represent about 70 percent of the U.S. electric power industry.
OG&E earned the 2013 award for the implementation of its SmartHours program, which allows customers to adjust their electricity use to avoid higher prices in summer months. The Oklahoma City-based company was chosen from finalists by a panel of former electric company executives.
“OG&E is being recognized for its distinguished leadership, innovation and progress in advancing smart technologies to power the future,” institute President Tom Kuhn said.
OG&E has installed more than 823,000 smart meters in its service area in Oklahoma and Arkansas. It also has exceeded its targets by enrolling more than 44,000 customers in the SmartHours program, achieving a collective 72 megawatts of load reduction on peak-use days.
“By using smart grid technology and involving its customers — along with adding wind, new transmission and demand-side management — OG&E will delay the need to build a new fossil fuel power plant and also reach its 2020 goal of achieving more than 200 megawatts of annual peak-load reduction,” Kuhn said. “OG&E is executing its vision of a more energy-efficient and environmentally sustainable future enabled by technology.”
Pete Delaney, CEO of parent company OGE Energy Corp., was in San Francisco on Monday to accept the award. It is the first time the company has won the award.
Delaney thanked OG&E customers for accepting the new technology.