Dialight gets smart meter switch orders, shares rise

* Says received orders from two North American metering cos

* Says sales orders total almost $3 million

* Bglobal reports wider FY loss

* Dialight shares up 9.8 pct, Bglobal down 3 pct

July 14 (Reuters) - As more and more homes in Britain install smart meters to record energy use, Dialight Plc (RXO.L) said on Tuesday two major North American metering companies have placed orders for its smart meter disconnect switches, sending its shares up 9.8 percent.

The company, which makes switches for electricity meters, said the two companies have ordered over 100,000 combined units of its Powerpulse 200-amp disconnect/reconnect switches with sales totalling almost $3 million.

"Smart meters" give data on energy use and enable consumers to monitor readings, promising to put an end to estimated bills and conventional meters.

Most British households are expected to have installed the new meters, which the UK government believes will encourage efficient and economical usage, saving consumers money and cutting carbon emissions.

Dialight's order announcement comes a day after Bglobal Plc (BGBL.L), a provider of smart meters for the UK energy market, agreed to accelerate the introduction of the meters to the business customers of npower, the British unit of German utility RWE (RWEG.DE).

Bglobal, which installed 47 percent more smart meters in the year ended March 31, 2009, said on Tuesday it was confident of the year ahead with meter asset funding in place and confirmation of aggressive rollout plans by utility customers, among others.

However, Bglobal reported full-year revenue of 6.64 million pounds on Tuesday, which was below expectations as a result of delays in installations, and posted a wider pretax loss of 4.28 million pounds compared with a loss of 3.5 million a year ago on higher administrative costs.

At 0930 GMT, shares of Dialight, which also makes light emitting diode-based transportation signals, were up 9.8 percent at 145 pence on the London Stock Exchange. Bglobal shares were down 3 percent at 26 pence. (Reporting by Balachander Surianarayanan in Bangalore; Editing by Kavita Chandran)