MeterSYS

What MeterSYS does

MeterSYS, founded in 2015 and headquartered in Raleigh, North Carolina, is an independent Advanced Metering Infrastructure (AMI) implementation and data management consultancy serving public water and electric utilities across the United States. The firm operates under the legal entity Honeycutt Consulting Group, LLC and maintains a strict vendor-neutral stance, having never accepted compensation from any metering or distribution manufacturer. Its service portfolio spans feasibility analysis, procurement support, full project implementation and management, post-deployment operations (MeterSERV), and a Metering as a Service (MaaS) DBFOM (Design, Build, Finance, Operate, Maintain) program that converts AMI adoption from upfront capital expenditure to predictable annual service fees.

The company's core technology stack includes fixed-base cellular metering, LoRaWAN sensor networks (delivered through a strategic partnership with Senet covering Hillsborough and Pinellas Counties in Florida), and integrated utility data management platforms. Its primary proprietary software asset is MeterSYS Connect, a custom-built web-based project management and QA/QC platform developed with Cintel Solutions and launched in May 2025, providing independent oversight of AMI installations separate from contractor data collection systems. Supporting offerings include Smart Water Solutions (smart meters, leak detection, Telog sensors, Trimble Water, Rezatec geospatial AI) and an IoT sensor portfolio for smart city applications.

MeterSYS generates revenue through three principal streams: managed services revenue from MaaS DBFOM contracts, project-based professional services for feasibility, procurement, and implementation, and technology/hardware deployment bundled with ongoing maintenance. Go-to-market is consultative enterprise sales direct to municipal utility decision-makers, supported by thought leadership content, industry publications, podcasts, an AMI Cost Calculator lead-generation tool, and partnerships with engineering firms such as Pennoni. Customer concentration spans 30+ documented municipal implementations across the Southeast, Florida, and California markets.

Name

MeterSYS

Legal name

Honeycutt Consulting Group, LLC

Website

https://metersys.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

MeterSYS is an independent vendor-neutral consultancy that provides end-to-end AMI implementation services, including feasibility analysis, procurement, project management, and Metering as a Service (MaaS), for public water and electric utilities across the United States.

Ownership category

akta.pro rank

Product category

Utility AMI Consulting and Implementation Services

NAICS

Computer Facilities Management Services (541513), Custom Computer Programming Services (541511), Water Supply and Irrigation Systems (221310)

SIC

Services-Facilities Support Management Services (8744), Services-Computer Programming, Data Processing, Etc. (7370), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Meter Installation, Exchange & Field Services (EUADAFAF)

akta.pro secondary industries

Metering Hardware & Field Services (AMI/AMR meters, endpoints, installation, maintenance) (EUANAIAA), Advanced Metering Infrastructure (AMI) & Smart Meter Analytics (Meter Data for NRW) (EUANAKAC), Meter-to-Cash / Billing & CIS Integration for AMI (EUADAFAM)

Keywords

• AMI implementation services
• Utility metering consulting
• Metering as a service
• Smart water infrastructure
• Advanced metering infrastructure

Headquarters

HQ city

Charlotte

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Metering as a Service (MaaS): MeterSYS designs, builds, finances, operates, and maintains metering infrastructure for public utilities. Utilities pay through predictable annual service fees rather than upfront capital investment, amortizing equipment, maintenance, and ongoing support over the asset lifecycle. This shifts AMI costs from CapEx to OpEx.
2. Professional Consulting Services: Feasibility analysis, procurement services, project implementation and management, and post-deployment support for AMI systems. Services are billed through project-based contracts or retainer arrangements.
3. Technology Solutions: Sale and deployment of AMI technology including meters, network infrastructure, and IoT sensors through the MaaS program or direct procurement, with ongoing maintenance and monitoring services.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels7 records

Core offering

MeterSYS provides end-to-end Advanced Metering Infrastructure (AMI) consulting and implementation services for public water and electric utilities, covering feasibility analysis, vendor procurement, project implementation and management, and post-deployment support via MeterSERV. It also offers Metering as a Service (MaaS), a Design-Build-Finance-Operate-Maintain (DBFOM) managed-service program that lets utilities deploy smart meters with no upfront capital outlay, supported by the proprietary MeterSYS Connect program management platform.

Product overview

MeterSYS is an independent AMI (Advanced Metering Infrastructure) implementation and data management consultancy that provides end-to-end services for public water and electric utilities. Rather than a single unified software product, MeterSYS offers a portfolio of professional services anchored by its Metering as a Service® (MaaS) program (Design, Build, Finance, Operate, Maintain model), supplemented by consulting services (Feasibility Analysis, Procurement, Project Implementation and Management, and Post-AMI Deployment via MeterSERV©). The company also offers MeterSYS Connect — a proprietary project management and quality control web platform built with Cintel Solutions — as its primary software offering. Supporting product lines include Smart Water Solutions (smart meters, leak detection, Telog sensors, Trimble Water, Rezatec AI) and Smart Sensors for broader IoT applications (parking, solid waste, occupancy, environmental monitoring), plus an AMI Cost Calculator tool. The overall offering is service-led rather than product-led, focused on public utility AMI adoption from feasibility through long-term operations.

Differentiator

Problem solved

Functional benefit

Brands

• Metering as a Service® (MaaS): A key component providing water and electric utilities the opportunity to benefit from AMI technologies without traditional capital hurdles. Uses Design, Build, Finance, Operate and Maintain (DBFOM) methodology.
• MeterSERV©
• Beyond the Read™
• MeterSYS Connect
• MeterSOURCE

Products and services

• Feasibility Analysis

Quantifiable outcome

• 98.7% daily read rate achieved for Town of Carthage AMI deployment
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core, strategic, preferred and supporting.

• Cintel SolutionscoreTechnology or Integration · 15 May 2025Partnership for development of MeterSYS Connect, a custom-built project management and quality control platform. Cintel contributed to the design of the web-based application used for AMI installation QA/QC, read rate monitoring, and project progress tracking.
• SenetcoreTechnology or Integration · 27 September 2021Partnership to deploy the largest and densest metropolitan deployment of public carrier-grade LoRaWAN sensor and metering connectivity in North America. Partnership covers Hillsborough and Pinellas Counties including Tampa and St. Pete greater metro markets. MeterSYS brings LoRaWAN sensors, metering solutions, and AI software to the partnership for water, wastewater, public works, and sustainability applications.
• PennonistrategicImplementation/ SI/ Consulting PartnerEngineering partnership with Pennoni, a multidisciplinary consulting engineering firm, to deliver technology-driven solutions for smart utilities and cities. Companies collaborate on AMI implementation and smart city projects, combining engineering expertise with metering technology specialization. Partnership referenced as symbiotic, with each company applying core competencies for collective client benefit.
• Badger MeterpreferredTechnology or IntegrationPreferred AMI technology partner for cellular fixed network solutions. Badger's cellular solution with Orion endpoints is described as an industry leader for cellular options providing infrastructure-free AMI. Specifically deployed for Carthage, NC implementation.
• Aclara, Itron, Master Meter, Mueller, Neptune, Smart Earth Technologies, Sensus, Landis+ Gyr, Kamstrup, HoneywellpreferredTechnology or IntegrationAMI Solutions Supported - MeterSYS maintains operational experience across all major Tier 1 industry AMI technology providers, enabling vendor-neutral recommendations based on utility-specific requirements. Support capabilities across multiple platforms including cellular, fixed-base, and LoRaWAN solutions.
• Aquana, Ayyeka, Curb Flow, Density, Digital Matter, Go Aigua, Kando, NEER, Oizom, Park Office, PNI, Radio Bridge, Rezatec, Safe Water Network, Sensoterra, Telog, Wellness Tech Group, MistallsupportingTechnology or IntegrationSmart City Partners - Portfolio of LoRaWAN sensor and IoT solution providers for smart city applications including water quality monitoring, occupancy sensing, parking management, solid waste monitoring, environmental monitoring, and infrastructure optimization.
• American Water Works Association, NC City & County Management Association, NCRWA, Research Triangle Cleantech Cluster, The Water Research FoundationsupportingOthersIndustry association memberships providing access to best practices, research, and professional networks in the water utility and municipal management sectors.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• UtiliWorks: UtiliWorks is an AMI implementation and smart-water consultancy serving municipal water and electric utilities with similar end-to-end implementation services, making it a direct competitor in the same niche as MeterSYS.

Broad incumbents

• Black & Veatch: Black & Veatch is a large engineering, procurement and construction firm with a significant smart-grid/AMI advisory practice serving municipal and investor-owned utilities, offering adjacent but broader utility modernization services.
• Burns & McDonnell: Burns & McDonnell provides full-service engineering and consulting for water and electric utilities, including AMI program management and smart-grid advisory, overlapping with MeterSYS' implementation scope.
• Brown and Caldwell: Brown and Caldwell is a water and environmental engineering firm that advises municipal utilities on AMI, smart water, and digital transformation — directly comparable on the water-utility consulting side.
• TRC Companies: TRC provides infrastructure consulting for electric, water, and gas utilities including AMI program management, smart-grid advisory, and managed services — broad incumbent competing for the same municipal programs.
• Carollo Engineers: Carollo Engineers is one of the largest water-focused engineering firms in North America and advises municipal water utilities on AMI, smart water, and metering modernization — directly overlapping MeterSYS' primary customer segment.
• Itron: Itron is a Tier 1 AMI hardware and software vendor and a MeterSYS technology partner; it also offers managed services and implementation support, putting it in partial competition with MeterSYS on the services layer.
• Mueller Water Services: Mueller is a major water AMI and metering hardware vendor with services offerings; it competes with MeterSYS as both a partner and a vertically-integrated alternative for utilities.

Emerging players

• Weston & Sampson: Weston & Sampson is a regional water and environmental engineering firm with growing smart-water and metering advisory work for municipal clients, comparable to MeterSYS but more regionally rooted.
• Hazen and Sawyer: Hazen and Sawyer is a water/wastewater engineering consultancy serving municipal utilities, increasingly active in AMI and smart-water advisory work that overlaps MeterSYS' service portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/MeterSYS
• Facebookfacebook.com/people/Metersys/100070126691116
• LinkedInlinkedin.com/company/metersys

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MeterSYS