Smart Business and Smart Billing

Smart Business and Smart Billing

Smart business can be accelerated by separating different energy services. A smart appliance requires a complementary smart energy service and tariff or incentive for smart use. Today this could only be offered by the (incumbent) energy provider of a customer: and if most or all energy providers do not offer a service that works with the smart appliance it is difficult to launch a smart appliance in the market. By separating different elements of energy services and permitting these to be combined towards the customer it is much easier to bring products to market since the products that depend on a certain service type can simply be supported by one complementary (partial) service.

uc-smartenergy helps to develop completely new approaches to bring smart products and services to the market. Customers will understand their energy bill and energy services can settle contracts they have. Does all of this sound complex? It probably does if it is not the every day world you work in. uc-smartenergy can introduce  various stakeholders to the business chain problems of smart energy applications and demonstrate the clear advantages of the novel concepts it is promoting in this space.

The product perspective

Launching a smart washing machine  in the market it is much easier if the “smart scheduling” service and complementary energy bill reduction is separate from the regular energy provider’s bill, since in that case there is no need for the customer  to first switch to an energy provider that supports their new appliance. The customer can simply use a specific smart energy service well tuned to his product. Broad market introductions can be done on clear terms for the customer without complex multi-party energy contracts. Market innovation in smart services and appliances is stimulated.

The customer perspective

It is much simpler for a customer to understand his energy bill by having separate items for the energy consumption of each smart appliance and its smart energy bill saving. Furthermore: it is not necessary for the customer to adopt “variable tariffs” for all of their energy use with the associated choice complexity and all uncertainty this creates for their monthly or yearly energy bill. For each of their appliances they can simply adopt the smart energy service that supports their appliance best.

The settlement perspective

It is possible under quite reasonable business conditions to incorporate the metering inside smart appliances as a part of today’s energy bill settlement procedures without creating any additional complexity or business controversies. This makes it possible to use the metering inside the products as the basis of smart grid billing: there would be no immediate need for smart meters. Again this creates much simpler conditions for introducing smart grid applications in the market since customers can buy and install smart appliances today without changing their meter.

Go to our publications page  for the white paper and the presentation on smart billing orcontact us for more information.