Keep up with Cortexo


10

Feb 2017

Have you heard of Electricity Distribution Businesses?

The electricity sector is changing pretty rapidly and for an industry which thinks building a dam in 15 yrs is ‘rapid’, its probably a bit scary. In my last blog we talked about the disruption in the retail electricity sector with the emergence of new players like Flick Electric, now I’d like to look at the massive changes about to hit the Electricity Distribution Businesses (called EDB’s, network companies or just distributors). Most consumers have no idea who their electricity distributor is (can you name yours?), they assume that whoever they pay their monthly electricity bill too has the sole responsibility for making the electricity and getting it to their house. This of course...

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Why Flick Electric is an enabler of the future grid

22

Jan 2016

Why Flick Electric is an enabler of the future grid

According to Energy News Flick Electric added the third highest number of customers to its books in December (last month). It’s still only a small total number (7,500 ICP’s) compared to the big 5 electricity retailers that command 85-90% of the market BUT it’s the sign of big things to come. I have to disclose here that I’ve recently switched to Flick – I’m a convert, an evangelist even. To convince the bill payer in my house I did an analysis of our household meter data and ‘proved’ the anticipated savings, even taking into account the vagaries of the spot market price. But the real reason I wanted to switch is...

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24

Aug 2015

Will consumers flock to access their meter data?

We think the recent Code change announced by the Electricity Authority is a big deal. From 1 Feb next year consumers (homes, business or in fact anyone who buys electricity) will be able to ask their retailer for the last two years worth of electricity consumption data that was used to calculate your bill or in fact provide any service. It doesn’t matter if you are no longer with that retailer, if they provided a service to you in the last 2 years then they must provide the data. If half hourly data is available, that must be provided. This includes export data from solar PV or any other distributed...

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Downstream

09

Mar 2015

Downstream

Last week (Wed 4th/Thu 5th March) the electricity industry met for its annual conference, Downstream. I’ve been attending these conferences since they started and this one was the most enlightening of the lot. The presenters, mainly heavy hitting utility CEO’s and industry players, were quite forthcoming on their views and opinions. This was in great contrast to last year when an election was looming as well as stock market floats of some of the bigger players. It was great to see one CEO saying how much we confuse customers with complex billing structures while another said consumers weren’t interested in information, they just wanted to know how to pay and when...

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12

Feb 2015

Paranoia to be taken seriously

I was amused and frustrated while in Auckland today, my rental car had a limited number of radio stations to choose from and so I was on a well known talk back radio station (not my normal choice but my favourite station was not selectable) and the topic was the Privacy Commissioners warning to Utilities about smart meters. Earlier in the day the Privacy Commissioner had released a memo responding to complaints from the public about smart meters and the data they collect. The talk back host was waxing lyrical about the slippery slope to big brother and before you could say paranoia, callers quoting “facts” about physical harm, excessive bills...

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27

Jan 2015

Access to meter data – a good start…

The year has got off to a good start for consumers. The Electricity Authority has just released its decision on giving householders access to their consumption data, which is actually a big deal! The Authority is changing the rules so that; (a) retailers must provide up to 24 months of consumption data if requested by a consumer or the consumer’s agent (b) there must be a process for providing and exchanging consumption data (c) there must be a standard format to exchange consumption data (d) when making consumers’ electricity consumption data available to them, retailers must protect consumers’ privacy.  This is great news for average homeowners who want to know...

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Welcome to the new Cortexo website!

23

Jan 2015

Welcome to the new Cortexo website!

We have a new identity! We have had a facelift! We have started the new year by changing the way we display our services, I hope we have made it easier for visitors to find information on residential, commercial and industrial energy control. We will be releasing some new services on our “smart energy platform” this year and will will keep the website updated with information about the new services. Its my bet that this year will also bring in major changes to the way electricity is billed to consumers and so visibility and simplicity are two things we want to ensure that Cortexo promotes. I hope you will find that our regular blogs help...

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