Enterprise SaaS Platform Optimizes Utility Programs, Identifies New Revenue Opportunities and Enhances Grid Services
Bidgely introduced the new Bidgely Insights Engine that extends the value of its artificial intelligence platform to a range of internal utility functions. The Bidgely Insights Engine analyzes meter data from both smart and monthly read meters, plus a variety of third-party data including weather, demographics and building data, to identify and segment customers by appliance-level ownership, usage and efficiency.
“Now, utilities are asking us to expand the value of our disaggregation platform to help with their internal decision-making. The Insights Engine complements our customer-facing AI solutions with enterprise-level business intelligence for program optimization, DERs visibility, load planning and beyond – a critical need as the grid rapidly evolves.”
Stakeholders from executives and analysts to program managers and program implementers can utilize this new business intelligence tool to optimize utility programs with targeted, personalized customer outreach and enhance grid modernization efforts like load forecasting and scenario planning for distributed energy resources (DERs).
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By analyzing homes based on appliance-level usage and other data, the Bidgely Insights Engine enables utilities to increase revenue; reduce cost to serve; optimize DSM program costs and enrollment; and increase customer satisfaction. Example use cases include:
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- Rate planning: Understand the impact of introducing various rates on customers’ bills. Includes solar disaggregation that can identify how much energy a home produces and consumes hour-by-hour without sub-metering, savings millions of dollars.
- Electrification Analysis: Find homes that have Electric Vehicles with L2 or L3 chargers and determine how often they charge during peak and off-peak periods, helping to inform EV planning and encourage customers to sign up for EV Time-of-Use rates.
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