Powerley and DTE Energy Launch Industry-first Advanced Rate Management Solution

Royal Oak-based home energy management company Powerley and DTE Energy in Detroit have launched a new Time-of-Use (TOU) pilot to help customers optimize their usage of electricity and save money on their bills.
20
New DTE Energy app
Powerley and DTE Energy have launched a new app to help consumers maximize energy savings. // Photo courtesy of Powerley

Royal Oak-based home energy management company Powerley and DTE Energy in Detroit have launched a new Time-of-Use (TOU) pilot to help customers optimize their usage of electricity and save money on their bills.

Powerley’s technology empowers energy customers with greater awareness and control of advanced rates, such as those that vary by time or season. It combines customer-specific energy pricing, direct from the energy company, with household energy data to provide just-in-time rate advice.

With a greater understanding of how different rates affect bills along with personalized coaching, customers can make energy decisions to maximize savings. By making complex rates easy to understand and manage, energy companies benefit from higher enrollment and deeper engagement — shifting peak demand and driving decarbonization while also increasing customer satisfaction.

Through the new TOU features, pilot participants will be able to see energy usage and costs relative to TOU rates; track and manage energy budgets; receive alerts when higher bills are expected; and access appliance-level usage breakdowns with rate information.

Following the pilot, this new TOU experience will be available to DTE customers through the DTE Insight app — adding to the existing set of energy management features that has helped more than 250,000 DTE customers save energy and reduce carbon footprints.

Powerley’s new rate engine can provide detail on advanced, time-variant rates — such as time-of-use, demand and real-time pricing. In addition, the solution integrates the full spectrum of traditional rate types offered by utilities — including simple flat/fixed, seasonal, and tiered pricing. Using existing Meter Data Management (MDM) system data, integration can be completed in less than two months. The app is released with the energy company’s branding and is downloadable via the Apple App Store and the Google Play Store.

Combining rate schedules, behavioral intelligence, customer preferences, and energy usage data, the app coaches customers and helps them optimize savings through a host of in-app features, including:

  • Rate Visualizations — Seeing energy usage within the context of the applicable rate at the moment it was used, with interactive breakdowns by minute, hour, day, week, month, and bill cycle.
  • Real-Time Rate Advice — Connecting to the home’s smart meter, the Powerley Energy Bridge enables a real-time rate management experience, providing insight in the moment to make the right energy decisions.
  • Budget Management — Managing an energy budget based on actual energy pricing and getting alerts when costs are trending over budget.
  • Usage Breakdowns — Seeing exactly where energy costs are going – before a bill arrives – by attributing costs to specific rate periods.
  • Personalized Rate Coaching — Getting personalized advice – based on usage and rate schedules – to lower costs by shifting or curtailing usage.
  • Rate Notifications — Staying informed of upcoming changes with push notifications and in-app alerts.

“We are proud to offer a personalized and predictive mobile experience to help our customers get the most out of time-of-use rates,” says Angie Pizzuti, vice president of customer experience, DTE Energy. “Together with Powerley, we have created an innovative and engaging energy management experience to shift energy and help households save more.”

Facebook Comments