Utility pricing presents a significant barrier to energy cost optimization. The nature of the products and their regulation, combined with limited insight, has created a tradition of allocating costs across a limited number of rate tiers and time-of-use structures. Without more granular intelligence on customer costs, the relationship between price and customer behavior remains opaque at best.
Innowatts pricing analytics clarify the relationship between customer cost and rates so providers can identify key distinctions between customers and their current or proposed rate plans.
Whether your challenge is developing more customized pricing plans for a competitive market or helping inform your regulator or public policy groups, Innowatts provides holistic insights from the entire energy value chain to make better choices possible.
The result? A fair and equitable pricing framework that conveys the right signals at the right time to the right customers, all in a way that supports the energy grid.