Program removes financing as a barrier to investing in technologies that deliver much-needed savings and provide social benefits as cities face revenue shortfalls post-pandemic.
Itron, which is innovating the way utilities and cities manage energy and water, has joined Key Equipment Finance to introduce a financing program that removes funding as a barrier for smart city and smart community programs. In addition, Key Government Finance is providing financing for Itron’s municipality customers in the U.S. for smart city technologies and services.
Solutions help cities and utilities face constrained budgets
With their deep product knowledge in municipal and commercial financing, Key Equipment Finance’s in-house specialists will work with Itron sales teams to provide hands-on customer support to help shorten sales cycles, enhance end-user satisfaction and improve financial metrics.
“Now, more than ever, cities and utilities face more constrained budgets in light of the economic impacts of COVID-19. With this program, we are removing financial barriers for our customers to acquire the solutions they need to meet their long-term objectives,” said Mark de Vere White, senior vice president of Customer & Market Experience at Itron. “Itron’s smart city solutions, intelligent street lighting and central management software improve municipal services, lower carbon emissions, create safer neighborhoods and enhance the quality of life for citizens. With Key Equipment Finance’s service, we will help our customers accelerate those programs that offer the greatest cost savings and enhance services for the communities they serve.”