South African energy market offers significant opportunities


Germantown, MD, U.S.A. — (METERING.COM) — February 12, 2008 – Telkonet, Inc., a provider of centrally managed solutions for integrated energy management, networking, and building automation services across commercial, industrial and government applications, has appointed Makhoakhoa Industrial and Energy Group (Pty) Ltd. (Mak Energy) as its exclusive Value Added Reseller (VAR) for South Africa.

This appointment marks Telkonet’s entry into the South African market, with the partnership reflecting the significant opportunities for energy efficiency initiatives in the region, against the background of massive power shortages and increasingly routine load shedding. A well-established provider of energy and communications systems, Mak Energy will represent Telkonet’s integrated portfolio of powerline communications (PLC) and energy management solutions.

The South African market imperative to realize energy savings and fulfill meteorically rising demand is headline news, illustrated by electricity supply company Eskom and the Central Energy Fund making more than $2 billion available to the private sector for this activity in the next 24 months. Telkonet is ideally placed to provide a viable single-platform solution for a wide range of demanding applications, following the recent launch of its next-generation 200Mbps Telkonet Series 5 PLC system. This specifically addresses the exacting broadband networking demands of the utility and commercial sectors. Integrated with the Telkonet SmartEnergy (TSE) advanced energy management system, Telkonet Series 5 combines comprehensive Ethernet connectivity with wireless-based monitoring and management tools.  

Telkonet’s President and CEO Jason Tienor believes that Mak Energy’s market expertise, coupled with Telkonet’s technology innovation, represents an ideal partnership. "South Africa is experiencing unprecedented demand for energy, and the emphasis is on finding new ways of delivering conservation and energy efficiency. With Mak Energy’s representation, we believe that we can offer a unique proposition that harnesses the proven efficiencies of powerline communications with the most sophisticated energy management tools

Simon Baete Putsoane, Executive Chairman and acting CEO of Mak Energy, said: "The emphasis is on finding alternative ways of easing the energy crisis through energy saving, as opposed to just building additional power stations. The partnership between Telkonet and Mak Energy will help South Africa and Eskom find new ways of achieving greater energy efficiency and ease the immediate burden on energy reserves."