Leading Provider of Meter and Network Installation Services Helping Ease Chip Shortage with Supply of Renewed Meters
Customers In The Dark Because of Supply Chain Issues are Turning to Allegiant Utility Services for Its Healthy Collection of Like-New Meters
Manor, TX (October 12, 2021) – Allegiant Utility Services is receiving great interest in its supply of used and now renewed meters as a supply chain shortage has many scrambling.
From automobiles and boats to sports drinks and school backpacks, supply chain issues have been hitting a variety of industries across the country, including companies that replace the power meters like those on homes and businesses. The microchip used in these meters is in very short supply with a resulting disruption until production improves. Many who need new meters can’t get them or are on a long waiting list. For example, typical delivery timeframe for a new meter had been within 12 weeks. Recently a customer was told the same order would take 50 weeks.
Thankfully, a healthy supply of used and renewed meters is helping ease the panic. At a time when meters were switching from analog to digital, you might wonder: who held onto these meters? Jeffrey DeVries, CEO of Allegiant Utility Services made the decision years ago, to retain these old meters as they were switched out for newer technology. His vision provided immediate benefit to utilities by eliminating scrap expense for the meters. Jeffrey took them, refurbished the meters and even provided further benefits to utilities if they were sold. Essentially Jeffrey and Allegiant built a supply that may not have gotten much attention until now.
Allegiant Utility Services installs more than 525,000 meters and network devices annually using its network of employees located all over the United States. Allegiant has a comprehensive inventory of meters – both analog and digital, that are renewed to meet the customer’s unique specifications. The majority are in need of renewed digital meters to support their ongoing meter needs – whether it’s for a new or existing home or business. Allegiant ships hundreds to thousands of renewed meters daily across the U.S. to meet current demand.
Allegiant Utility Services is also announcing two growth milestones in 2021. First, Allegiant acquired Bellwether Management Solutions of Cornelius, North Carolina, the leading utility service provider in the Southeast. The acquisition broadened Allegiant’s reach through the addition of several cooperatives in the Bellwether pipeline. “This new partnership is a tremendous asset to current and future Allegiant customers,” says Jeffrey DeVries, CEO of Allegiant Utility Services. “The services Bellwether offers are very complimentary to what we provide and serves to strengthen Allegiant. This is an exciting time for Allegiant as we came out of 2020 strong and with Bellwether now in 2021, we are poised to continue opening up additional markets while providing customers an unsurpassed level of service.”
Testament to its growth, Allegiant is proud to announce Inc. Magazine recently named the company No. 165 on its second annual Inc. 5000 Regionals: Texas list, the most prestigious ranking of the fastest-growing Texas-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Texas economy’s dynamic segment—its independent small businesses.
“This list proves the power of companies in Texas no matter the industry,” says Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”
About Allegiant Utility Services
Founded in 1996 in Manor, Texas, Allegiant Utility Services is a leading provider of meter and network installation services enabling utilities to improve their network’s ability to reliably serve customers. Allegiant installs more than 525,000 meters and network devices annually using its network of employees located all over the United States. It is a veteran-owned business whose leadership team has more than 100 years’ experience in utility sectors for electric, gas and water serving rural electric cooperatives and municipalities. Learn more at: www.allegiantutilityservices.com
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