Westbury, NY (Wednesday, October 17, 2012) – Electro Industries/ GaugeTech (EIG) announces the release of the Shark 50 multifunction energy and power meter. The Shark 50 power meter is a cost-effective, easy-to-use and install electrical panel power meter that meets 0.5% Accuracy classes. This power meter is ideally suited to OEM and commercial applications.

The power meter’s low component count and DSP design make it highly reliable and superior for long life operation. The power meter can be equipped with an optional Modbus RS485 serial port for digital communication of energy usage data and a KYZ Pulse to pulse energy usage. The product is perfect for tenant metering, low voltage panel board power metering and other high volume deployment.