Fireside Chat:
Account-Level Forecasting, ToU, & Complex billing

Our team discusses how our energy smart cloud can deliver tangible benefits with Time of Use. We’ve produced a series of fireside chats discussing account-level forecasting, complex billing, AI machine learning and beyond.

Core Benefits of Time Of Use

“Basically, we are enabling our clients to help their customers. Everyone benefits along the way. Our clients benefit and their customers benefit.”

Sales lead, Bob Potter discusses how the opportunities of Time of Use lead to major benefits.

Account Level Forecasting

“Usage accuracy is going to become even more important when you’re trying to identify the true cost to serve.”

Senior Technology Manager Jim Roberts talks about account-level forecasting and the value of identifying the cost to serve.

The Benefits of ToU

“The flexiblity in our system and our ability to support granular data allows our customers to set up a time of use product that is more tailored towards on and off peak.”

Sales lead, Rahim Visram talks about how ToU pricing provides a unique selling opportunity for residential and small business customers.

ToU Complexity

“Account level analysis of profitable and non-profitable accounts… With the realized data and with the forecast for that account, you can combine the two and see where you’re at.”

Technology Manager, Timothy Mathews continues the conversation about the complexities involved with ToU and account-level forecasting.

Data Processing

“ESG has always been known for processing the usage data coming from the utilities… Each residential household is going to have a huge uptick in the amount of data that has to get processed.”

Senior Technology Manager, Jim Roberts talks about the processing of data and what is needed for the increased data processing power required by interval level data.

Data Processing Continued

“All of this means better designing capabilities for our clients, for the retailers.”

Sales lead, Rahim Visram continues the conversation around the processing of data as it relates to profitability analysis.

AI and Machine Learning

“A clear way to organize or offer products to specific customers.”

Senior Technology Manager, Jim Roberts talks about AI and machine learning as it relates to forecasting. Innowatts’ Marketing Manager, Fred Davis continues the conversation around Innwatts’ system and use of machine-learning technology.

AI and Machine Learning Continued

“It’s going to be able to identify what those unique characteristics are between those different types of users.”

Sales lead, Rahim Visram continues on the subject of AI and machine learning.

Profitability Analysis

“Did they make some smart decisions?… Maybe there’s an improvement that they can recommend, which is a value add both to their business and to the consumer.”

Senior Technology Manager, Jim Roberts talks about profitability analysis and what that means for retailers.

Profitability Analysis Continued

“When looking at a bottoms up approach, for a system, like Innowatts’ forecasting system to be able to forecast at a meter level… The retailers can make a better decision… should a product set be the target product to sell?”

Sales lead, Rahim Visram talks about profitability analysis and the insights around making better decisions for selling products.

Complex Billing

“From the retailer point of view, knowing that they can exercise making use of more complex billing, they can get a lot more innovative.”

Senior Technology Manager, Jim Roberts talks about complex billing and the explosion of data that’s involved and the requirements it brings.

Complex Billing Continued

“Our systems have been really successful in supporting our large C&I customer base for many years, and that includes the ability and the flexibility to support a lot of those complex billing type products.”</span

Sales lead, Rahim Visram talks about complex billing and ESG’s success in this area and the benefits it brings to retailers.

Retailer Benefits Around Pricing

You’re pricing their actual load and profile… You’re getting actual data of their actual consumption, the timing of that consumption.

Sales lead, Bob Potter discusses the benefits of having interval data and the opportunities that brings for retailers when it comes to pricing.

The Future of Energy and Technology

“There will be other sources of information of what’s happening behind the meter and that by laying a good foundation for processing huge amounts of data we’ll be an enabler to also take on that data.”

Senior Technology Manager Jim Roberts talks about a more forward-thinking topic – where the energy technology space is going and what retailers need to think about in the coming years.