ATCO Gas to Introduce New Meter Reading Technology

Mon Jan 31, 2011 3:59pm EST

* Reuters is not responsible for the content in this press release.

  EDMONTON, ALBERTA, Jan 31 (MARKET WIRE) -- 
In the spring of 2011, ATCO Gas will begin automating its meter reading
system. Approximately one million meters will be converted over a
four-year period. 

    "Fully automating our meter reading technology reflects ATCO Gas's
continuing commitment to provide customers with safe, reliable,
cost-effective natural gas service," said Brian Hahn, President, ATCO
Gas. "The new system will improve billing accuracy and enhance customer
convenience."

    ATCO Gas meter readers currently visit, and in some cases enter
customers' premises monthly to read natural gas meters in an effort to
ensure customers receive a bill based on actual, not estimated
information. Automating the meter reading system will enable ATCO Gas to
obtain a meter reading every month, regardless of weather conditions or
access issues.

    Existing natural gas meters will be retrofitted with Encoder, Receiver
and Transmitter (ERT) modules, supplied and installed by an independent
company, Itron Inc. The ERTs will send data to mobile collectors that
ATCO Gas employees will use to obtain monthly meter readings. A single
mobile collector can read up to 15,000 meters a day. 

    ATCO Gas meter reading personnel work in nearly 300 communities across
Alberta. Affected meter readers will be transitioned into other
opportunities within the company. 

    Customers will be updated as their communities are converted to the new
technology. More information is available at atcogas.com.

    ATCO Gas is an Alberta based, province-wide natural gas distribution
company, serving more than one million customers and is part of the ATCO
Group of Companies. ATCO Group, with more than 7,500 employees and assets
of approximately $10 billion, delivers service excellence and innovative
business solutions worldwide with leading companies engaged in Utilities,
Energy, Structures & Logistics, and Technologies. More information about
ATCO can be found on its website, www.atco.com.

    Forward-Looking Information:

    Certain statements contained in this news release may constitute
forward-looking statements. Forward-looking statements are often, but not
always, identified by the use of words such as "anticipate", "plan",
"expect", "may", "will", "intend", "should", and similar expressions.
These statements involve known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ materially from
those anticipated in such forward-looking statements. The Corporation
believes that the expectations reflected in the forward-looking
statements are reasonable, but no assurance can be given that these
expectations will prove to be correct and such forward-looking statements
should not be unduly relied upon.

    The Corporation's actual results could differ materially from those
anticipated in these forward-looking statements as a result of regulatory
decisions, competitive factors in the industries in which the Corporation
operates, prevailing economic conditions, and other factors, many of
which are beyond the control of the Corporation.

    The forward-looking statements contained in this news release represent
the Corporations' expectations as of the date hereof, and are subject to
change after such date. The Corporation disclaims any intention or
obligation to update or revise any forward-looking statements whether as
a result of new information, future events or otherwise, except as
required under applicable securities regulations.

Contacts:
ATCO Gas
Corporate Communications
Edmonton, AB
(780) 288-7621
www.atco.com

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