SMART metering technologies are emerging the world over, with numerous studies showing their benefits of creating greater awareness of Electricity Useage subsequently reducing Energy Costs & Greenhouse Gas Emissions.

Benefits of SMART Metering Technologies

Cost Savings
• Reduce metering charges substantially
• Generate revenue quicker with faster customer transfers
• No more estimated reads when a customer moves out
• Dramatically reduce bad debts with the ability to remotely disconnect.
• Eliminate costly No Access problems
• Reduction in consumer bill management. Fewer billing errors means reduced call centre costs.
• Improve margins by reduce wholesale electricity prices. Sending a price signal to customers
encourages the more efficient use of power by reducing peak loads.
• Improved environmental credentials through facilitating energy conservation with peak load shifting.
• Provide customers with a wider range of products to suit their needs, seasonal pricing or dynamic time of use pricing.
• Allows customers to view their information on-line (Useage Awareness)

With continued competition and more states moving to full retail contestability, customer churn rates within the electricity market are rapidly increasing.

Facilitating the transfer of consumer related metering data between market participants in an efficient and timely manner is critical. Smart meters delivering data on a daily basis eliminates the need to wait up to three months for the next meter read to transfer a customer.

Given EOL’s 10 year history in the electricity retailing market we have a unique perspective on metering and understand what’s really important to retailers.

Benefits of EOL Smart Metering

Best of breed latest technology

• EOL has strong partnerships with leading Metering Providers ensuring you benefit from the latest technologies on offer.

• Backed by Global partnerships with technology vendors enables us to custom build solutions to meet specific customer needs.