Power Meter Technics

Name

Power Meter Technics

Legal name

Power Meter Technics (Pty) Ltd

Website

https://www.pmt.co.za

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Smart Utility Metering Services

NAICS

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Totalizing Fluid Meter and Counting Device Manufacturing (334514), Other Measuring and Controlling Device Manufacturing (334519)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Totalizing Fluid Meters & Counting Devices (3824)

akta.pro industry

PRIMARYEUADAFAB

Meter Data Management Systems (MDMS)

Energy, Utilities & Environment/Electric Transmission & Distribution (T&D)/Smart Grid & Advanced Metering Infrastructure (AMI)

SECONDARYEUADAFAF

Meter Installation, Exchange & Field Services

Energy, Utilities & Environment/Electric Transmission & Distribution (T&D)/Smart Grid & Advanced Metering Infrastructure (AMI)

SECONDARYEUANAIAA

Metering Hardware & Field Services (AMI/AMR meters, endpoints, installation, maintenance)

Energy, Utilities & Environment/Water & Wastewater Utilities/Customer Metering, Billing & Water Retail Services

SECONDARYEUANAIAB

Meter Data Management & Analytics (MDM, validation/estimation/editing, usage insights)

Energy, Utilities & Environment/Water & Wastewater Utilities/Customer Metering, Billing & Water Retail Services

SECONDARYEUAEAHAM

Metering, Calibration & Flow Measurement Verification

Energy, Utilities & Environment/Energy Infrastructure & Services (EPC, O&M, Field Services)/Inspection, Testing & Certification (ITC) / NDT for Energy Infrastructure

Keywords

• Smart metering solutions
• Meter data management
• Utility metering services
• Advanced metering infrastructure
• Energy and water metering

Headquarters

HQ city

Gauteng

HQ country

South Africa

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Metering Hardware Sales: Sale of conventional and smart electricity meters including Power-Link, EDMI, and NES product lines for domestic, commercial, and industrial applications.
2. MOL Software Platform (SaaS): Cloud-based Meter Data Management platform providing interval data, billing, engineering, asset management, and reporting services on a subscription basis.
3. Meter Calibration Services: SANAS-accredited calibration laboratory providing meter certification services for Eskom, municipalities, and meter manufacturers. Includes forensic calibration services for tampered meters.
4. Tariff and Bill Analysis Services: Comprehensive Rate & Tariff Analysis service providing historical utility cost analysis, billing error identification, and ongoing cost savings recommendations.
5. Intelligence and Analytics Services: Energy and water consumption intelligence services including baseline calculations, predictive models, tariff reconciliation, and monthly reporting.
6. Installation and Maintenance Services: End-to-end utility metering solutions including supply, installation, and maintenance of energy and water metering systems with AMR/AMI infrastructure.
7. M2M Communication Equipment: IoT-based machine-to-machine communication devices for meter data acquisition and real-time monitoring.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Power Meter Technics supplies, installs, and maintains energy and water metering systems for South African and African utilities, retailers, commercial property portfolios, and industrial customers. The company provides conventional and smart electricity meters from NES, EDMI, and its own Power-Link range, combined with the proprietary Meteringonline (MOL) cloud-based Meter Data Management platform for interval data analytics, billing, prepayment, and consumption modeling. PMT also operates a SANAS-accredited calibration laboratory and offers intelligence, tariff, and bill verification services.

Product overview

Power Meter Technics (PMT) offers a cloud-based smart metering and energy management ecosystem centered on the MOL (Meteringonline) platform. The portfolio combines proprietary metering hardware (Power Link conventional meters, NES smart meters, EDMI advanced meters) with a modular MDM platform featuring add-on modules for interval data analytics, billing, engineering, asset management, reporting, prepayment, bill verification, accrual accounting, and consumption modeling. PMT provides end-to-end utility metering solutions across sectors including retail, commercial properties, municipalities, and industrial applications. Services include SANAS-accredited meter calibration and intelligence/tariff analysis consulting.

Differentiator

Problem solved

Functional benefit

Brands

• Meteringonline (MOL): Innovative web-based Meter Data Management (MDM) platform providing cloud-based utility metering solutions including interval data, billing, engineering, asset management, reporting, prepayment, bill verification, accrual, and consumption modelling.

Quantifiable outcome

• Consumption reduction of up to 15% without impacting comfort levels through simple measures across locations
• +3 more outcomes

Named customers23 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature9 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Utility Risk Management (URM)coreStrategic or Co-development PartnerURM (Pty) Ltd incorporated as a Black Economic Empowerment (BEE) partner to PMT in 2005. Provides BEE compliance and strategic partnership for South African market access.
• NES Corporation (Networked Energy Services)coreChannel Partner/ Reseller/ DistributorPMT is a Value Added Reseller (VAR) for NES Corporation, distributing and supporting NES smart meters and energy control networking platform across African markets. NES solution used in more than 4 million smart end points globally.
• EDMI (Singapore)coreChannel Partner/ Reseller/ DistributorPMT is a distributor for EDMI in Singapore to supply and support their multifunction electricity meters. EDMI is recognized as the premium designer and manufacturer of innovative electronic energy meters in the world.
• Polymeters Response Limited (PRI)minorChannel Partner/ Reseller/ DistributorPMT became the distributor for PRI to supply and support multifunction electricity meters in South Africa (1998).
• Schlumberger UKminorChannel Partner/ Reseller/ DistributorPMT became the South African distributor for Schlumberger UK to supply and support multifunction electricity meters (1996-1997).
• Echelon CorporationcoreChannel Partner/ Reseller/ DistributorPMT became first Value Added Reseller (VAR) in Africa for Echelon Corporation for Smart Metering (2007-2010). Echelon provides the NES smart metering platform technology.
• Stabil Meter (Malaysia)minorOthersContract to supply 30,000 multifunction electricity meters to TNB in Malaysia through Stabil Meter (2003-2004).
• MTB (Subsidiary in Malaysia)coreOEM/ Whitelabel/ Licensing PartnerPower-Link meters manufactured for PMT by a subsidiary company in Malaysia. MTB meter calibration and test equipment developed and sold to cities and utilities.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Landis+Gyr: Global leader in smart metering and grid management solutions, competing head-to-head with PMT in South African and African utility AMI tenders. Operates at vastly greater scale but offers overlapping AMI, MDM, and meter-to-cash capabilities.
• Itron: Global smart metering, AMI, and data analytics provider with established presence in African utility markets. Competes with PMT for large AMI deployments with broader product portfolio including electricity, water, and gas endpoints.

Direct peers

• Kamstrup: Danish manufacturer of smart electricity, heat, water, and gas meters with integrated MDM and analytics. Comparable in offering AMI/AMR meters plus cloud-based Meter Data Management, similar to PMT's MOL platform.
• Sensus (Xylem): Smart metering, AMI communications networks (FlexNet), and analytics provider for water, gas, and electricity utilities. Directly overlaps with PMT's AMI/MDM scope, particularly across water metering applications.
• Diehl Metering: German smart metering solutions provider for electricity, heat, water, and gas with integrated AMI and metering services. Comparable end-to-end offering covering hardware, communications, and software platforms.
• Badger Meter: US-listed manufacturer of flow measurement and smart water/electricity metering solutions with BEACON SaaS platform for meter data management. Closely comparable to PMT's water metering plus MOL cloud MDM stack.
• EDMI (Elster Metering / HD Korea): Singapore-based designer and manufacturer of electronic energy meters for commercial and industrial applications. PMT is EDMI's African distributor; competitive overlap exists where EDMI engages African utilities directly or via other channels.
• Zenner International: Global manufacturer of metering solutions for water, heat, gas, and electricity with integrated AMR/AMI and IoT platforms. Comparable product breadth to PMT across water and electricity metering plus SaaS data services.
• Apator: European metering and infrastructure group offering electricity, water, and gas meters with AMI communications and meter data management. Comparable vertically integrated offering targeting utilities and large commercial customers.

Regional players

• Conlog (Honeywell): South African-based provider of prepaid electricity and water metering solutions for utilities and large power users. Closest direct South African competitor to PMT in municipal and large power user segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Power Meter Technics