Tag: energy pricing

Wisconsin brings energy pricing transparency into strategic assessment | Utility Dive

Wisconsin brings energy pricing transparency into strategic assessment | Utility Dive

Dive Brief: Wisconsin Public Service Commission (PSC) included more updated data and insight into electricity costs into the final version of its 10th biennial strategic energy assessment (SEA), issued on Wednesday. The latest changes responded to stakeholder comments challenging the PSC’s lack of transparency on the state’s high electricity prices. Stakeholders said “a strategy for […]

Know your audience when it comes to pricing transparency | Solar Power World

Know your audience when it comes to pricing transparency | Solar Power World

The first step for a homeowner interested in solar is usually a Google search to learn the basics, including how much it will cost. But it’s often difficult to find pricing information on residential solar installers’ websites. In many cases, it seems installers want customers to pick up the phone to get logistical information. But […]

ICIS Announces Further Moves Towards Mexico Price Transparency | PR Newswire

ICIS Announces Further Moves Towards Mexico Price Transparency | PR Newswire

Price indications for notional two, three and five year contracts for potential power transactions on Mexico’s MEM wholesale power market were included in the flagship Mexico Energy Report publication on 11 July in addition to the one-year contract already included. The survey results show that a two-year contract for the Valle de Mexico Norte node, […]

CMA demands pricing action from energy company | GOV.UK

CMA demands pricing action from energy company | GOV.UK

The Competition and Markets Authority (CMA) has today issued legal directions to Daligas, a London-based company that provides energy to small businesses (SMEs) and domestic customers. A previous CMA Order had required all energy companies supplying Microbusinesses to provide an online tool so SMEs can access accurate energy quotes to compare with other firms, and […]

Trust and pricing: a complex relationship | Utility Week

Trust and pricing: a complex relationship | Utility Week

In response to the ongoing issues with trust, Utility Week established the Customer Trust Council in 2017, in association with WNS Global Services (WNS). It works with energy suppliers, networks, water companies and consumer representatives to explore what has gone so badly wrong – and what the industry can do to fix it. At the […]

Draft rules to make oil pricing transparent out | BusinessMirror

Draft rules to make oil pricing transparent out | BusinessMirror

AS continuing price surges have shifted public anger mostly to the TRAIN law that mandated higher fuel excise taxes, the government moved to require a more transparent, unbundled system for informing people of the breakdown of petroleum product prices. The Department of Energy (DOE) has released the draft rules on petroleum price monitoring, meant to […]

Exclusive: Bonuses slashed at Schlumberger as ‘pricing pressure’ continues | Energy Voice

Exclusive: Bonuses slashed at Schlumberger as ‘pricing pressure’ continues | Energy Voice

An employee at the testing services division in Aberdeen said the move had heightened concerns that the company intends to shut down the operation. Schlumberger confirmed that it would be “realigning” bonuses to offset “continued pricing pressure”, but said there were no plans to remove testing activities from the north-east. … He said bonuses had […]

Laugfs Gas urges Govt to introduce transparent mechanism for LPG pricing | Lanka Business Online

Laugfs Gas urges Govt to introduce transparent mechanism for LPG pricing | Lanka Business Online

“On the long term, there will continue to be global price volatility and other macro-economic factors, which are largely unpredictable, affecting the local LPG Industry,”Thilak De Silva, managing director, LAUGFS Group said. “Therefore, we believe a fair and effective pricing formula based on key indicators would help address this situation, where consumers would be able to enjoy […]

Massachusetts Rejects Smart Meter Rollouts, as Competitive Energy Undermines the Business Case | Greentech Media

Massachusetts Rejects Smart Meter Rollouts, as Competitive Energy Undermines the Business Case | Greentech Media

The problem is that each utility customer that switches to a non-utility energy provider is no longer part of each utility’s list of prospective time-varying rate (TVR) adopters, even though the utility paid for the smart meter that made them available. And while third-party retailers and municipal aggregators could offer TVRs of their own, “there […]

Study: Money trumps morals for getting customers to save energy | Energy News Network

Study: Money trumps morals for getting customers to save energy | Energy News Network

Ultimately, researchers concluded that utilities should use a combination of both customer messaging and dynamic pricing. Since 2007, ComEd and Ameren customers who participate in opt-in hourly pricing programs have saved $27 million while reducing greenhouse gas emissions, according to Elevate Energy, who administers the program. Still, today, most utility customers pay an average price […]