The solution’s business benefits for Ergon Energy are:
Granular control and efficient management of the network
The LPWA IoT solution will give Ergon Energy granular control to switch individual loads on and off so that they can be reduced where needed and in times of peak power demand without impacting customers. For instance, it may change the time that a household’s hot water is heated up so that it occurs when network load is low.
Avoid unnecessary infrastructure spending
IoT makes network upgrades – which account for a large share of a utility’s infrastructure costs- unnecessary and thus drives significant cost savings in the long run.
A cheaper bill and better service for end-consumers
Energy consumers cost savings in the long-term: The objective is actually to be completely seamless to the consumer. We’re not trying to change their behavior or get them too involved and we won’t use their wifi. They will benefit long-term from a more effectively managed energy network but they don’t have to work hard for it.