Austin, Texas, Feb. 07, 2018 (GLOBE NEWSWIRE) -- CLEAResult, a leader in designing and implementing technology-enabled energy efficiency programs for utilities, today released its annual 2018 Innovation Outlook Report. The report combines key insights from CLEAResult’s annual Energy Forum utility conference with research from industry thought leaders to offer a perspective on how to approach the fast-changing market dynamics of the U.S. utility industry.
“The 2018 Innovation Outlook Report is designed to help utility leaders navigate and capture the opportunities our evolving industry landscape presents,” said Aziz Virani, CEO at CLEAResult. “It’s our goal to empower utilities to be able to adapt from the traditional utility value proposition of delivering ‘safe, reliable and affordable’ energy to expanding their value proposition to reflect what utility customers want, which is more ‘comfort, convenience and control’ over their energy experience.”
Noteworthy topics of the report include:
- Regulatory Reconciliation – Moving towards a customer-centric model with the right regulatory treatment that can reconcile lower energy bills for consumers with utilities’ needs for revenue growth.
- Renewables and DER – Managing changes in the transmission and distribution network as more distributed generation from renewables comes online and disrupts supply and demand models.
- IoT-based Business Models – Developing strategies to embed the internet of things (IoT) such as voice-activated assistants, artificial intelligence, and digital apps in utilities’ day-to-day operations to formulate new and viable business models.
- Customer Centricity – Equipping utility workers with the adaptive mindset required to meet changing consumer behaviors and preferences for comfort, convenience and control over the traditional value propositions of safety, reliability and affordability.
- Evolving with Electric Vehicles – Growing demand for electric vehicles will challenge utilities to seek new partnerships with automotive companies and regulatory agencies to ensure that programs and rate structures encourage load management and enable demand response and grid beneficial charging.
To download your copy of this free report, visit www.clearesult.com/insights.
About CLEAResult
CLEAResult is the largest provider of energy efficiency programs and services in North America. Through proven strategies tailored to clients’ unique needs and market dynamics, the combined strength of experienced energy experts and technology-enabled service offerings help CLEAResult change the way people use energy for hundreds of utility and business partners. Founded in 2003, CLEAResult is headquartered in Austin, Texas, and has more than 2,500 employees in more than 70 cities across the U.S. and Canada. CLEAResult is a portfolio company of General Atlantic, a leading global growth equity firm. For more information, visit clearesult.com.
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