SlideShare une entreprise Scribd logo
1  sur  31
alertme
 creating smart homes
Pilgrim Beart, AlertMe
18th April 2012
 February 2012
IET 5th Annual Smart Metering Conference
Introducing AlertMe
• Platform for the Smart Home / Connected Home
  – In-home devices
  – Gateway
  – Cloud services
  – A variety of UI’s
• Complete with out-of-the-box applications:
  – Smart Monitoring
  – Smart Energy
  – Smart Heating
  – Smart Data
Today
From Smart Data to Consumer Value
• What data will be available from Smart Meter,
  who owns it, and who can access it?
• What kinds of value can be derived from that
  data? Value to whom?
• New services and business
The Value of Data
• General market trend is from products to services
• Data is the lifeblood of any service
• “New economy” companies easily deal with:
  – Databases of millions of customers
  – Millions of hits/day
• “Old economy” companies struggle with:
  – A patchwork of legacy IT systems & processes
UK Smart Meters deserve the name
Data available on SMHAN (1)
• Basic Consumption
  – Electricity
     • Day/Week/Month Cumulative Consumption & Cost
     • Instantaneous Active Import Power, 10sec - and 1s?
     • Microgen
  – Gas
     • Day/Week/Month Cumulative Consumption & Cost
     • (30 min update because of battery-life)
• HH interval data for 13 months
• Messaging
Data available on SMHAN (2)
• Tariff & Supplier
   –   Electricity Tariff Supplier & Name
   –   Current and next tariff
   –   Tariff Rate Matrix
   –   Billing period info (start time/date and duration)
   –   Block thresholds & PPUs
        • Volume-based stepped pricing. Green/standing charge.
   – ?No power-based pricing?
• Change of Tenancy/Change of Supplier
• Prepayment/Debt
   – Inc. Emergency Credit
   – Aggregate Debt (3 types & 2 recovery methods!)
• System Management - Power Quality?
Who “owns” the data?
…is a meaningless question!

• Security and Privacy (different things)
   – Who can access what data, under what conditions?
• Via the WAN & DCC (minimal data, not live)
   – Your Utility (in principle just enough for billing)
   – DNO’s (though ideally would like live view)
   – 3rd-parties nominated by consumer (e.g. switching services?)
• Via the home (inc. high-res live data)
   – The consumer
   – Third-party services consumer nominates
   – Consumer Gateway can push hi-res data into Cloud via broadband.
     Govt not minded to regulate this, but there should be some “best
     practice” guidelines to ensure consumers understand what they are
     doing.
Value
Think of 3 stages:
        Data -> Information -> Value
e.g.
   Data = Tariff & consumption so far this month
   Information = Predicted bill at end of the month
   Value = Household budgeting, Avoiding disconnection
Value from SM Data
•   VIS - visibility             •   PRIVACY - change of owner
•   COST - translated into £     •   MESSAGE - from utility
•   CO2 - translated
                                 •   SMSOK - system working
•   EARN - microgen
•   PRICESIGNAL - ToU, CPP       •   TIME - reference
•   COMP - comparative norms     •   READINGS - to check bill
•   PREDICT - budgetting
•   SWITCH - tariff / supplier
•   PREPAY - and credit/debt
•   DISCONNECT


                                                    (source: CEDIG data dictionary)
Value from SM Data - Analytics
(all enabled by 1-second data)

                                 Examples
   •    ITEMISE                  • “Washing at 30°C would save you £34/year”
   •    WARN                     • “Boiling only a cupful of water in your kettle would
                                    save you £12/year”
   •    MAINT                    • “25% of your bill is spent on ‘baseload.’ Click for tips
                                    on what might be causing this and how to address it”
   •    HEAT                     • “Your fridge is consuming more than last year –
                                    perhaps the seals have gone. A new fridge would pay
   •    ASSIST                      for itself in 3 years”
                                 • “You’ve left the house but your fridge door is open
   •    AUDIT                       (or your iron/over/hair curlers are still on)”
                                 • “Mum didn’t get up this morning”
   •    AUTOAPP                  • “More of your bill is spent on heating than in similar
                                    homes.”
   •    OPTIM                    • Ensure EV charged by 8am at minimal cost
                                 • Optimising heating patterns around occupancy
30 minute data OK for balancing grid
Analytics needs 10 second data
(and ideally 1 second)
Industry’s view                   SMWAN


             Value
             Added                                  SMHAN
            Services



                                 Smart
       Retention
                                 Meter                  IHD




                       Up-sell            Billing
Smart
                                                Meter



Consumer’s view                           IHD

                               Savings

             Solar
                                                Comfort
            Panels




       Electric
                               Me                       Conven
       Vehicle                                           ience




                                          Peace
                     Fashion
                                         of Mind
Everything else now in the Cloud
 …why not your home?




                   “The number of internet connected devices is set to explode in the
                   next four years to over 15 billion, twice the world's population”
                   Suraj Shetty, Cisco VP global marketing, at its 5th annual trends forecast
                   1 June 2011
Smart Data Engines
(Using the ADELE - Alertme Domestic Energy Load Engine - as an example)




A model, able to use whatever data is available:
• Zero data (assume national averages)
• Basic data (demographics or postcodes)
• Low-res Energy data (quarterly/monthly reads)
• Medium-res Energy data (Smart Meter HH)
• High-res Energy data (10s via Consumer Gateway)
• Temperature and per-appliance, if available
• Other sources (e.g. customer-volunteered info)
Smart Data Engines (2)
Provides, uniquely for every customer:
• Predicted bill (elec, gas)
• Energy use profile over 24 hours
• Bill break-down
  – Lighting, Cooking, Heating, Appliances, Hot Water,…
• Normative and Injunctive Comparisons
• Energy advice – helps consumers manage spend
• Spots up-sell/cross-sell opportunities
The Value of Data
To the Consumer:
• Information and Insight
• Control
• Automation
• Simplicity (esp. interoperability & low friction)
• Peace of Mind
• Savings (reduced consumption, switching)
The Value of Data
To Retailers (of Energy and others):
• New Services (brand presence, loyalty)
• Higher added-value
   – Energy Services much higher margin vs. Energy Retail
• Cross-sell, up-sell & e-commerce
• Disintermediation (e.g. MVNO)
• Bundling
• One platform to unify the home
This is not just a game utilities can play
   – E.g. retailers & telcos can too
   – Utilities risk Disintermediation & Commoditisation
Data – the Ground Rules
• Must be Permissive
  – It’s the consumer’s data
  – The consumer chooses to grant access
  – If it doesn’t benefit them - they won’t!
  – It’s a trade (like gMail)
Conclusions
1. Caveat:
   • Nothing final until SMETS 2 process complete (due Sep ‘12)
   • Mass rollout now only 2.5 years away: 5m homes/year
2. Smart Meters are necessary
   • It’s just putting the cash register online
3. …but not sufficient
   • Market needs to deliver products and services which use them
4. Vital that Smart Meters:
   • Calculate once
   • Make it easy for consumers to allow third-party products and services
     to access their data and turn it into value
       • Support an open standard
5. Energy services are being developed and launched right now
   • Using e.g. clip-on readers
   • Start preselecting your best customers, now!
alertme
         creating smart homes                          pilgrim.beart@alertme.com




              alertme                        alertme                           alertme
2nd
  floor Heddon House            Thirty Station Road                    123 10th Street
149-151 Regent Street                    Cambridge                      San Francisco
     London W1B 4JD                       CB1 2RE                           CA 94103
     +44 207 993 9500            +44 1223 361555                      +1 415 409-9288
BACKUP
1. In Home Display (live in the home)
                               Translate Energy units into Money
Aesthetically pleasing
(looks good in your kitchen)
                                                                           Comparative
                                                                           (consumption rising or falling?)




 Live “Speedometer” display                         Added-value features
 (Power, at a glance)
2. Offline (historical e.g. on bills)
3. Online (live, everywhere)



                         You spent £200 heating an empty home last
                         winter
                         Intelligent heating gives 20% savings on your gas bill by only
                         heating the home when you are there.
Energy Monitoring – IHD or Online?
     Given the choice, which one would you choose?



 Option 1 - Display                                     40%




  Option 2 - Online                                     40%




               Depends               12%




                 Neither           8%




UK market survey by Critical Research, May 2011. Sample size; 1,224
IHDs vs Online: Stereotypes


IHD Persona:                                 Online Persona:
• More likely to be 50+                      • More likely to be ~30-year-old
• More likely to be married                  • More likely to be male
• More likely to be female                   • Has young children
• Children have left home                    • Fully-employed
• May be retired                             • Home mortgaged, or renting
• Home mortgaged/paid off, probably hasn’t   • Household income £2500/month
    moved for 15 years                       • Owns a Laptop and/or SmartPhone
• Household income £1250/month               • Uses computer at work to access internet
• Owns a desktop

          Previous IHD experience:
          • People who’ve already had IHDs more likely to want Online
             • Especially those that have discarded their IHD
The Value of Data

       (Smart Meters are just one of
         many new data sources)
AlertMe Smart Data

Contenu connexe

Dernier

Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Safe Software
 
Architecting Cloud Native Applications
Architecting Cloud Native ApplicationsArchitecting Cloud Native Applications
Architecting Cloud Native Applications
WSO2
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
panagenda
 

Dernier (20)

[BuildWithAI] Introduction to Gemini.pdf
[BuildWithAI] Introduction to Gemini.pdf[BuildWithAI] Introduction to Gemini.pdf
[BuildWithAI] Introduction to Gemini.pdf
 
MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
 
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : Uncertainty
 
Vector Search -An Introduction in Oracle Database 23ai.pptx
Vector Search -An Introduction in Oracle Database 23ai.pptxVector Search -An Introduction in Oracle Database 23ai.pptx
Vector Search -An Introduction in Oracle Database 23ai.pptx
 
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
 
Architecting Cloud Native Applications
Architecting Cloud Native ApplicationsArchitecting Cloud Native Applications
Architecting Cloud Native Applications
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
 
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...
 
ICT role in 21st century education and its challenges
ICT role in 21st century education and its challengesICT role in 21st century education and its challenges
ICT role in 21st century education and its challenges
 
"I see eyes in my soup": How Delivery Hero implemented the safety system for ...
"I see eyes in my soup": How Delivery Hero implemented the safety system for ..."I see eyes in my soup": How Delivery Hero implemented the safety system for ...
"I see eyes in my soup": How Delivery Hero implemented the safety system for ...
 
Exploring Multimodal Embeddings with Milvus
Exploring Multimodal Embeddings with MilvusExploring Multimodal Embeddings with Milvus
Exploring Multimodal Embeddings with Milvus
 
Six Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal OntologySix Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal Ontology
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of Terraform
 
FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024
 
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWEREMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
 
DBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor Presentation
 
Platformless Horizons for Digital Adaptability
Platformless Horizons for Digital AdaptabilityPlatformless Horizons for Digital Adaptability
Platformless Horizons for Digital Adaptability
 

En vedette

How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
ThinkNow
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
Kurio // The Social Media Age(ncy)
 

En vedette (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

IET Smart Metering April 2012

  • 1. alertme creating smart homes Pilgrim Beart, AlertMe 18th April 2012 February 2012 IET 5th Annual Smart Metering Conference
  • 2. Introducing AlertMe • Platform for the Smart Home / Connected Home – In-home devices – Gateway – Cloud services – A variety of UI’s • Complete with out-of-the-box applications: – Smart Monitoring – Smart Energy – Smart Heating – Smart Data
  • 3. Today From Smart Data to Consumer Value • What data will be available from Smart Meter, who owns it, and who can access it? • What kinds of value can be derived from that data? Value to whom? • New services and business
  • 4. The Value of Data • General market trend is from products to services • Data is the lifeblood of any service • “New economy” companies easily deal with: – Databases of millions of customers – Millions of hits/day • “Old economy” companies struggle with: – A patchwork of legacy IT systems & processes
  • 5. UK Smart Meters deserve the name
  • 6. Data available on SMHAN (1) • Basic Consumption – Electricity • Day/Week/Month Cumulative Consumption & Cost • Instantaneous Active Import Power, 10sec - and 1s? • Microgen – Gas • Day/Week/Month Cumulative Consumption & Cost • (30 min update because of battery-life) • HH interval data for 13 months • Messaging
  • 7. Data available on SMHAN (2) • Tariff & Supplier – Electricity Tariff Supplier & Name – Current and next tariff – Tariff Rate Matrix – Billing period info (start time/date and duration) – Block thresholds & PPUs • Volume-based stepped pricing. Green/standing charge. – ?No power-based pricing? • Change of Tenancy/Change of Supplier • Prepayment/Debt – Inc. Emergency Credit – Aggregate Debt (3 types & 2 recovery methods!) • System Management - Power Quality?
  • 8. Who “owns” the data? …is a meaningless question! • Security and Privacy (different things) – Who can access what data, under what conditions? • Via the WAN & DCC (minimal data, not live) – Your Utility (in principle just enough for billing) – DNO’s (though ideally would like live view) – 3rd-parties nominated by consumer (e.g. switching services?) • Via the home (inc. high-res live data) – The consumer – Third-party services consumer nominates – Consumer Gateway can push hi-res data into Cloud via broadband. Govt not minded to regulate this, but there should be some “best practice” guidelines to ensure consumers understand what they are doing.
  • 9. Value Think of 3 stages: Data -> Information -> Value e.g. Data = Tariff & consumption so far this month Information = Predicted bill at end of the month Value = Household budgeting, Avoiding disconnection
  • 10. Value from SM Data • VIS - visibility • PRIVACY - change of owner • COST - translated into £ • MESSAGE - from utility • CO2 - translated • SMSOK - system working • EARN - microgen • PRICESIGNAL - ToU, CPP • TIME - reference • COMP - comparative norms • READINGS - to check bill • PREDICT - budgetting • SWITCH - tariff / supplier • PREPAY - and credit/debt • DISCONNECT (source: CEDIG data dictionary)
  • 11. Value from SM Data - Analytics (all enabled by 1-second data) Examples • ITEMISE • “Washing at 30°C would save you £34/year” • WARN • “Boiling only a cupful of water in your kettle would save you £12/year” • MAINT • “25% of your bill is spent on ‘baseload.’ Click for tips on what might be causing this and how to address it” • HEAT • “Your fridge is consuming more than last year – perhaps the seals have gone. A new fridge would pay • ASSIST for itself in 3 years” • “You’ve left the house but your fridge door is open • AUDIT (or your iron/over/hair curlers are still on)” • “Mum didn’t get up this morning” • AUTOAPP • “More of your bill is spent on heating than in similar homes.” • OPTIM • Ensure EV charged by 8am at minimal cost • Optimising heating patterns around occupancy
  • 12. 30 minute data OK for balancing grid
  • 13. Analytics needs 10 second data (and ideally 1 second)
  • 14. Industry’s view SMWAN Value Added SMHAN Services Smart Retention Meter IHD Up-sell Billing
  • 15. Smart Meter Consumer’s view IHD Savings Solar Comfort Panels Electric Me Conven Vehicle ience Peace Fashion of Mind
  • 16. Everything else now in the Cloud …why not your home? “The number of internet connected devices is set to explode in the next four years to over 15 billion, twice the world's population” Suraj Shetty, Cisco VP global marketing, at its 5th annual trends forecast 1 June 2011
  • 17. Smart Data Engines (Using the ADELE - Alertme Domestic Energy Load Engine - as an example) A model, able to use whatever data is available: • Zero data (assume national averages) • Basic data (demographics or postcodes) • Low-res Energy data (quarterly/monthly reads) • Medium-res Energy data (Smart Meter HH) • High-res Energy data (10s via Consumer Gateway) • Temperature and per-appliance, if available • Other sources (e.g. customer-volunteered info)
  • 18. Smart Data Engines (2) Provides, uniquely for every customer: • Predicted bill (elec, gas) • Energy use profile over 24 hours • Bill break-down – Lighting, Cooking, Heating, Appliances, Hot Water,… • Normative and Injunctive Comparisons • Energy advice – helps consumers manage spend • Spots up-sell/cross-sell opportunities
  • 19. The Value of Data To the Consumer: • Information and Insight • Control • Automation • Simplicity (esp. interoperability & low friction) • Peace of Mind • Savings (reduced consumption, switching)
  • 20. The Value of Data To Retailers (of Energy and others): • New Services (brand presence, loyalty) • Higher added-value – Energy Services much higher margin vs. Energy Retail • Cross-sell, up-sell & e-commerce • Disintermediation (e.g. MVNO) • Bundling • One platform to unify the home This is not just a game utilities can play – E.g. retailers & telcos can too – Utilities risk Disintermediation & Commoditisation
  • 21. Data – the Ground Rules • Must be Permissive – It’s the consumer’s data – The consumer chooses to grant access – If it doesn’t benefit them - they won’t! – It’s a trade (like gMail)
  • 22. Conclusions 1. Caveat: • Nothing final until SMETS 2 process complete (due Sep ‘12) • Mass rollout now only 2.5 years away: 5m homes/year 2. Smart Meters are necessary • It’s just putting the cash register online 3. …but not sufficient • Market needs to deliver products and services which use them 4. Vital that Smart Meters: • Calculate once • Make it easy for consumers to allow third-party products and services to access their data and turn it into value • Support an open standard 5. Energy services are being developed and launched right now • Using e.g. clip-on readers • Start preselecting your best customers, now!
  • 23. alertme creating smart homes pilgrim.beart@alertme.com alertme alertme alertme 2nd floor Heddon House Thirty Station Road 123 10th Street 149-151 Regent Street Cambridge San Francisco London W1B 4JD CB1 2RE CA 94103 +44 207 993 9500 +44 1223 361555 +1 415 409-9288
  • 25. 1. In Home Display (live in the home) Translate Energy units into Money Aesthetically pleasing (looks good in your kitchen) Comparative (consumption rising or falling?) Live “Speedometer” display Added-value features (Power, at a glance)
  • 26. 2. Offline (historical e.g. on bills)
  • 27. 3. Online (live, everywhere) You spent £200 heating an empty home last winter Intelligent heating gives 20% savings on your gas bill by only heating the home when you are there.
  • 28. Energy Monitoring – IHD or Online? Given the choice, which one would you choose? Option 1 - Display 40% Option 2 - Online 40% Depends 12% Neither 8% UK market survey by Critical Research, May 2011. Sample size; 1,224
  • 29. IHDs vs Online: Stereotypes IHD Persona: Online Persona: • More likely to be 50+ • More likely to be ~30-year-old • More likely to be married • More likely to be male • More likely to be female • Has young children • Children have left home • Fully-employed • May be retired • Home mortgaged, or renting • Home mortgaged/paid off, probably hasn’t • Household income £2500/month moved for 15 years • Owns a Laptop and/or SmartPhone • Household income £1250/month • Uses computer at work to access internet • Owns a desktop Previous IHD experience: • People who’ve already had IHDs more likely to want Online • Especially those that have discarded their IHD
  • 30. The Value of Data (Smart Meters are just one of many new data sources)