ESG, a global energy software company that provides the complete software platform for energy providers, has partnered with Utility Dive’s StudioID to better understand how data and technology affect energy providers’ operations. Energy providers worldwide are operating today in a time of opportunity and challenge. While they have an ever-expanding array of tools at their
Latest Global Research: Key Trends of Energy Providers - Read more
A Look at Texas’ 500/1000/2000 kWh Rate Comparison Average Monthly Use 500 kWh 1000 kWh 2000 kWh Average Price per kWh 22.5⍧ 9.5⍧ 15.6⍧ Shopping for Residential Electricity in Texas can be extremely confusing. With so many Retail Energy Providers (REPs) offering thousands of plans, how do consumers pick the plan that is best
AI’s Potential to Revolutionize the Retail Energy Industry - Read more
What’s making your customer’s energy bill balloon? Is it their new induction range? The teenager’s long showers? An air conditioner working overtime to fight the summer heat? Thanks to machine learning, neural networks, and talented data scientists, those answers are available. Modern load disaggregation tools analyze customer usage data and enable customers to take control
World events, policy changes, and dropping domestic energy production has led to the fastest growth in residential electricity rates since 2008. If this trend is consistent with previous inflationary periods, this may be just the beginning of a prolonged period of rising home electricity costs and living expenses. So what does this mean for retail
As a Retail Energy Provider, Are You Ready for Energy (Hyper) Inflation? - Read more
It was exactly a year ago this month that Texas experienced a power grid fallout due to severe winter weather – a total anomaly in the history of the state. Even though the Texas fallout wasn’t the first time we’ve seen weather anomalies cripple the power grid and spell financial doom for organizations that were
The Texas Power Grid Fallout: View from a Risk Manager - Read more
How Probable is it That Your Load Forecast is Wrong? The past cold snap in Texas brought back a few memories of the winter and summer black swan events in ERCOT the past couple of years. The importance of weather norms and accurate forecasts are critical to the energy industry and energy suppliers have their
Weather Forecast Accuracy, the Ever-Present Challenge for Suppliers - Read more
The pace of change in the energy sector continues to accelerate – and with NetZero and new distributed technologies contributing to huge operational advances and expectations for energy retailers, it’s time to take the next step forward in retail energy platforms. As energy retail evolves, collaboration with customers to innovate new features and products is
Future Ready Energy Billing in an Accelerating, Changing Sector - Read more
What’s worse than putting up with outdated, stagnant billing software? And getting “nickeled and dimed” every time you want a new feature? For a retail energy supplier, the simple solution to both of these might be to replace your current system with a newer, more efficient software solution. The challenge in doing this, however, is
Don’t Let Data Conversion Keep You from Progressing to a Better Billing System - Read more
