ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Uplight Launches Plus, Empowering Utility Customers to Participate in the Clean Energy Transition with Personalized, Subscription Energy Bundles

First-to-market solution allows utility companies to package programs and services based on customer needs

Similar to Netflix model, Plus offers subscription energy giving customers a more personalized experience and predictable bills

Uplight, the technology partner of energy providers transitioning to the clean energy ecosystem, today announced Plus, a new solution that bundles multiple utility programs into simple, personalized offers in a consumer-friendly digital experience, making it easy for customers to understand and enroll in beneficial energy and billing programs.

“Our customers seek more certainty around their energy bills, and we believe it’s important to be innovative in meeting our customers’ needs,” said Duke Energy Vice President, Rate Design and Strategic Solutions, Lon Huber. “Being able to offer subscription energy bundles through a tailored customer experience is paramount, and it further helps us meet critical goals around clean energy and reduced peak demand.”

“AES Indiana is focused on providing our customers with tools and resources that will help them achieve their most important objectives, including reliability, affordability and sustainability,” said Wendy Mehringer, AES Indiana Chief Customer Officer. “Through Plus, we are creating a more personalized experience that puts our customers in control of their energy use and billing.”

Uplight is the first utility partner to offer a subscription-based customer experience allowing customers to pay the same amount each month. Plus provides customers with a new level of clarity into their gas and electricity usage. From digital, fixed subscription payments to energy usage information and savings incentives, the personalized solution connects customers to the right programs at the right time with easy-to-understand options to enroll in plans that work best for them. To create the personalized energy bundles, Plus uses customer-provided feedback on offer types, information on utility program eligibility, and innovative propensity modeling tailored to individual customers.

Utilities have the ability to offer customers a unique and cohesive experience through Plus with:

  • Subscription energy with a fixed bill amount
  • Green energy options enabling customers to source some or all their energy needs from renewable sources
  • Ability to purchase smart devices for their home
  • Smart thermostat optimization via demand response
  • Auto pay and E-Bill
  • Ability to pay by credit card or their digital wallet (e.g., Apple Pay or Google Pay)
  • Energy efficiency program enrollment
  • Charitable contributions
  • Offers from third-party providers in the broader clean energy ecosystem

Leading utilities including AES, Duke Energy, and others have already launched Plus as part of successful pilots.

  • AES Indiana: AES Indiana is utilizing Plus as an app designed to deliver a mobile experience in a number of ways. Pending regulatory approval, customers can sign up in one step for a flat, monthly energy charge, get 100% renewable sourced energy, set up auto pay, and add a payment method in the form of a credit card, Apple Pay, or Google Pay. AES Indiana reached its initial enrollment goal for the Plus app of 2,000 residential customers in three months. The app helped increase customer enrollment for auto pay and budget billing by 26% and green energy program enrollment by 67%.
  • Duke Energy: Duke Energy launched Plus in 2021 to pilot a subscription energy bundle with a 12-month fixed bill and smart thermostat optimization. The pilot seeks to measure customer satisfaction with a subscription energy experience and test whether smart thermostat optimization can offset any potential increases in energy usage from a flat rate.
  • A Large Western Utility will be using Plus to help low-income residential customers easily make decisions, take actions, and track progress on their energy usage and costs.

“Our data shows utility customers want more engagement and less hassle with more predictable bills and access to relevant utility programs. In the age of Amazon, Netflix and Peloton, it makes sense for utilities to move to a smart subscription service model, tailoring customer experiences based on data,” said Jennifer Kinney, Chief Innovation Officer at Uplight. “This makes the energy consumption experience easier while eliminating the guesswork surrounding billing, energy usage and savings.”

Utilities interested in learning more about Plus can visit https://uplight.com/plus.

About Uplight

Uplight is the technology partner for energy providers and the clean energy ecosystem. Uplight’s software solutions connect energy customers to the decarbonization goals of power providers while helping customers save energy and lower costs, creating a more sustainable future for all. Using the industry’s only comprehensive customer-centric technology suite and critical energy expertise across disciplines, Uplight is streamlining the complex transition to the clean energy ecosystem for more than 80 electric and gas utilities around the world. By empowering energy providers to achieve critical outcomes through data-driven customer experiences, delivering control at the grid edge, creating new revenue streams and optimizing existing load and assets, Uplight shares a mission with its clients to make energy more sustainable for every community. Uplight is a certified B Corporation. To learn more, visit us at www.uplight.com, find us on Twitter @Uplight or on LinkedIn at Linkedin.com/company/uplightenergy.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  232.78
-1.91 (-0.81%)
AAPL  267.00
-5.41 (-1.98%)
AMD  240.03
-6.78 (-2.75%)
BAC  51.59
-1.02 (-1.95%)
GOOG  286.10
+9.12 (3.29%)
META  600.60
-8.86 (-1.45%)
MSFT  507.47
-2.71 (-0.53%)
NVDA  186.27
-3.90 (-2.05%)
ORCL  219.64
-3.21 (-1.44%)
TSLA  408.77
+4.42 (1.09%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.