Landis+Gyr established an agreement with CPS Energy to supply advanced residential electric meters for the utility's grid modernization effort. Landis+Gyr will provide 700,000 E-350 FOCUS advanced meters with shipments beginning early in 2014. The meter upgrade project is anticipated to take four years. In addition to metering technology, Landis+Gyr is operating a direct load control program at CPS Energy. The utility is using virtual peak plant software and load control devices from Landis+Gyr to verify and measure energy savings from conservation events. The program has the potential to provide a verifiable reduction of 250 MW of peak demand.