Almonte, Ontario-based Triacta Power Technologies recently signed a distribution and OEM agreement with Schneider Electric, Rueil-Malmaison Cedex, France. Under the agreement, Schneider Electric will distribute Triacta’s current product line of smart metering hardware and Web-based software under the Schneider Electric and Square D brands. Schneider Electric will also embed Triacta meters into their electrical panel product lines.

Incorporating Triacta’s technology into electrical panels enables Schneider Electric to offer sub-metering services in multi-tenant buildings such as office towers, condominiums, apartment buildings, and shopping centers. Customers will be able to view their energy consumption and billing information online via a secure Web site, receive automated reports by e-mail, and import tenant billing information directly into their finance systems.