PROMOTION: The energy industry, like every industry, is facing an exciting, rapidly evolving environment across multiple fronts. Some changes we can see, others are not so clear, but all will put pressure on traditional energy sector thinking. With advances resulting in more options, more information and more meaningful services for
Genesis Energy promises more choices for customers
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Genesis Energy customers can access information about their energy usage online.
We are transitioning Genesis Energy from being a company that has one way of providing energy that all customers must take or leave, to one that responds to differing needs. For example, the way we sell gas is changing. Instead of using gas for a month and then worrying about the bill, we now offer a range of fixed price packages that suit the varying lifestyle choices of our customers. It may sound obvious, and it is.
Technology is moving so quickly that home energy management systems that we and others trialled or introduced earlier this decade are already obsolete. With smart phones in every pocket everyone talks mobile apps, but apps are only great if they are useful. Using data from a smart meter, the Genesis Energy app provides hourly, daily and monthly electricity usage, estimates a customer's monthly bill based on the daily average usage, enables payment by credit card and even helps the customer to order a LPG bottle in a matter of seconds.
Plenty of generating power
Our industry has reached a point where New Zealand is now over-supplied with electricity generation capacity, and we, and our competitors, are now closing down ageing and expensive generating units. For example, we are planning to close the last two coal/gas fired generators at Huntly by December 2018.
To best give our customers options our future investment will be in the digital platforms needed to support new services. It will be in understanding how best to design and build small-scale distributed generation that suits the New Zealand environment and how we as consumers use that energy. It's about making sure we support whatever customers want to plug in, whether that is a car or a toaster.
So what have we learnt from listening to our customers? We learned that most customers are not interested in kilowatt hours or technical information about how hot water comes out the tap. We learned that consumers want easy solutions; they asked us for certainty, for ways to control their energy costs, and information on how they can change what they do to achieve these goals. They asked for options delivered through practical tools that give them choice, and for us to partner with those that could help deliver more. It is a challenge for all of us to keep up with rapid change and to deliver, and being a facilitator, not a handbrake, has to be the key mantra.
We also believe that it is important for us to not get too excited about some of the technology we see, nor to try to push undesired technology onto customers. Our job is to listen and understand the benefits customers could be getting from international developments and, where possible, bring these developments that can add real value to customers to New Zealand.
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