Services for Energy Retailers
The key to maintaining your competitive position and managing your volumetric risk is clean, accurate and timely data in a usable form. REBO offers the following data management services to help retailers stay on top of their business:
Data Management Services
XML processing
Collection, processing and reporting of 810, 814, 820 and 867 XML data.Uses:
- Account management
- Pricing
- Billing customers
- Reconciliation
MVWeb scraping
Collection, processing and reporting of interval data from MVWeb.
While MVWeb data is not billing quality, it may provide details that are not available in billing histories or 867 files.
Uses:- Account management
- Operational analysis
- Retail Pricing
- Forecasting
Account billing history processing
Acquire billing history from utility, process it into database.Uses:
- Account management
- Retail pricing
- Forecasting
Miscellaneous data management
Staying on top of your business means staying on top of all of
the information, rate and business rule changes that states, ISOs
and utilities implement. REBO can collect, compile and interpret
this miscellaneous data for you.
Some examples include:
- Utility Rate Books
- Supplier Handbooks
- ISO Handbooks
- Utility Load Shapes
- Loss Schedules
- Meter Read Schedules
- Weather data
Uses:
- Forecasting
- Customer savings analysis
- Reconciliation
Customer operational analysis
Similar to the savings analysis but uses hourly historic usage to evaluate effects of operating changes on energy costs.High demand and low load factors not only increase utility bills, but also make a user less desirable to retail suppliers. A review of electric use patterns can reveal opportunities to reduce demand charges through operational changes or suggest equipment changes.
Uses:
- Forecasting
Functional / System Services
Account management
Key and core to all retail functions. If not done well, s peed is lost and results are questionable. If done well, other functions become easy.Key elements
1. Easy to use interface
2. Extensive business rules
Basis for functions from pricing to reconciliation
Forecasting
Production of hourly and monthly summary forecasts based on end user history and weather assumptions.Uses:
- Wholesale and retail pricing, long term position and portfolio management
Billing
Combines 867 billing data and price components. Can include value added information, e.g., savings analysis.Uses:
- End user Invoicing
Reconciliation
Does the bill match known usage?Backcast using billing data load shapes and weather data to verify wholesale or retail bill.
Uses:- Audit of wholesale bill vs end user data