Business Energy Providers

Tim Porter-Accenture

Traditional energy providers operate in a highly dynamic environment. Competition is increasing from threats both expected and unexpected, all while consumers continue to gain unprecedented power. What are the forces making waves for utilities? What are the most critical consumer trends? And, what are the strategic plays energy providers can adopt for new and shifting value pools?

New challenges energizing new ventures

Accenture sees three major forces setting the stage for opportunities and challenges:

  • Infinite disruption. With technology change accelerating on all fronts, energy providers can count on disruption from the platform economy, distributed energy technology, and intelligent and connected automation. Also in the mix is the increasing cooperation among players both inside and outside the industry.
  • Market volatility. Growth is no longer a given. As energy-efficiency products and programs prevail—and general economic volatility looms—many providers face continued decline in energy demand.
  • Regulatory reimagining. Regulators are asking more of utilities and conversely, utilities are asking more of regulators, when it comes to customer service, customer choice and support for new energy products and services.

These forces are disrupting the traditional energy value chain—creating more “asymmetrical” competition from non-traditional players seeking to offer consumer-centric energy products and services and other home management services. At the same time, specialized energy service providers pose growing threats as they continue innovating in how they understand and engage with consumers.

Energy—their way

The consumer is at the center of these challenges and changes. Accenture’s New Energy Consumer and cross-industry research point to four trends crucial to containing costs and improving profitability:

  • Instant. Time-strapped consumers want on-demand experiences that simplify their lives.
  • Relevant. Consumers want personalized interactions and value-curated experiences. Some will even pay more for it.
  • Meaningful. For certain consumers, what they buy has become an expression of who they are—a way of highlighting their personality and beliefs.
  • Sharing. In this era of open and collective business models, consumers welcome ways to share their homes or energy products and services—which delivers benefits without the burden of ownership.

How will you play?

In the face of market, technological and regulatory changes—and evolving consumer trends—Accenture sees three primary consumer energy provider plays for the next five to 10 years:

  • Commodity-Centric Supplier—“lean and automated” low-cost provider
  • Energy Marketplace Enabler—facilitator of relationships and transactions in the energy system
  • Connected Lifestyle Provider—partner of choice for the collaborative and connected home of the future

We believe that most utilities will ultimately adopt elements of all three plays. The key: achieving the appropriate balance to align with evolving customer values and market forces.

Looking ahead, we see a fourth play—Energy Ecosystem Disruptor—as a trend to understand as digital transaction processing, open platforms, bots and artificial intelligence continue to progress.

Above all, we see a commonality across all of the business plays: Every energy provider needs to transform around a digital operating model founded in people-oriented design. Stay tuned for the latest New Energy Consumer research, where we’ll explore the latest consumer trends, what they means—and suggest some “no regrets” investments that will lay the foundation for success.

See also:
Printedtree Publishing Renewable Energy Systems Service Provider Business Plan Bundle
Software (Printedtree Publishing)
  • Actual Sample Renewable Energy Systems Service Provider Plan
  • Step-by-step Guide
  • Business Plan Template
  • Financial Worksheets
HIGH PERFORMANCE FITNESS, INC. 1st Step, For Energy, Glucosamine & Chondroitin, Joint Support Formula, Tropical Twist, 16 fl oz (1
  • The Seller usually ships this product within 1-2 business days.?In accordance with their customer-centric policy, this Seller does not charge your credit card until...
  • Before you use any product for health care, we advise that you consult your physician or primary healthcare provider and seek the appropriate advice and supervision...
  • Product photo may not exactly match the product offered for sale. Please refer to the product description.
Wool Dryer Balls 6 Pack-XL 100% Organic, Natural, Non-Toxic Handmade Felt Laundry Balls by Feeling Fluffy-Reusable Anti Static Fabric Softener-Eco Friendly Hypoallergenic New Zealand Wool Dryerballs
Health and Beauty (Brijati Products Co.)
  • AMAZON S ONLY TRUE DRYER BALL COMPANY - We are a small business with over 10 years experience selling and making wool dryer balls, we are the only company to offer...
  • 100% FINE NEW ZEALAND WOOL - No synthetic fibers or fillers that other cheaper brands and knock-offs use. Durable and made to last over 1,500 loads
  • CHEMICAL FREE - Natural softener that is beneficial for babies and those with sensitive skin & allergies
  • PREVENT STATIC & SHORTEN DRYING TIME - Prevents static cling by not allowing fabrics to rub & reduce your drying time by at least 25% to SAVE MONEY on your...
  • HANDMADE FOR A CAUSE - Our dryer balls are made in Nepal and provide employment opportunity to the deprived, underprivileged community, especially women and ethnic...
OMGAI LED Meteor Shower Rain Lights,Drop/Icicle Snow Falling Raindrop 30cm 8 Tubes Waterproof Cascading lights for Wedding Xmas Home Decor - Cool White,US plug
Home Improvement (generic)
  • ★ High Quality & Energy Efficient: Waterproof, dustproof; transparent PC material, corrosion resistant, cost resistant, aging resistant, more durable; free from...
  • ★ Specs: tube length: 11.8inch/ 30cm; tube quantity: 8 tubes; LED bulbs of per tube: 18; number of LED bulbs: 8 tubes x 18LED (144LED Lights); plug type: US plug;...
  • ★ Meteor Shower Effect with Romantic Aesthetic: Led meteor shower lights, the light of every bulb turns on and out one by one in sequence and quickly just like meteor...
  • ★ Perfect for: Christmas, New Year, Wedding, Birthday Party, Valentine s Day, Business Celebration and any celebrating time, market engineering lighting, architectural...
  • ★ Package Content: 1 x OMGAI LED Meteor Shower Light; Zero-Risk Purchase, 90 Days 100% Satisfaction Guarantee and Our Friendly Service - 24 hours email customer...
Seagate Seagate Savvio 10K.4 600 GB 10000RPM SAS 6-Gb/S 16MB Cache 2.5 Inch Internal Bare Drive ST9600204SS
CE (Seagate)
  • World s highest-capacity SFF drive (up to 600GB) reduces $/GB costs
  • 20 percent higher reliability than any other drive available and the industry s first 2M-hour MTBF drive to provide 0.44 percent AFR
  • Second-generation 6Gb/s SAS with dual-port communication and first SFF hard drive with 4Gb/s FC support
  • SFF and low power consumption reduce user cooling and energy costs
  • Protection Information (PI) option detects corruption of data in flight between the host system and the drive.
  • Head ramp load/unload feature for improved device handling reliability
  • Enables OEMs and system designers to design external storage solutions for organizations with green IT strategies, data-at-rest concerns, and power- or space-constrained...
Related Posts