Onzo

Commenting on the Energy Bill announced in the Queen’s speech today, Joel Hagan, Chief Executive of Onzo said:

“It has been proven that both historical and real-time information encourage people to reduce their energy usage.  The provision of information to customers costs much less than structural changes like insulation and micro-generation.  A measure that offers early payback on a low initial outlay should be prioritised at this time of belt-tightening.

“So, while we welcome the measures announced today which will be included in the forthcoming Energy Bill, we would urge the Government to include the provision of information to customers alongside the main benefits of the bill – energy efficiency measures, low carbon generation, security of supply – which will all require significant investment with a longer payback period.”

The Energy Bill, announced today during the Queen’s speech, aims to improve energy efficiency in homes and businesses, to promote low carbon energy production and to secure energy supplies.

Possible measures included a requirement for energy companies to provide more information on energy bills in order to empower consumers and to ensure fair access to energy supplies.

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NOTES TO EDITORS

1) For more information please contact:
Emily Feltham, +44 (0)20 3128 8122 or +44 (0)7782 481 818
emily.feltham@yourmandate.com
Nicole Martin, +44 (0)20 3128 8172 or +44 (0)7768 695 087
nicole.martin@yourmandate.com

Onzo
Onzo provides utility companies with customer intelligence solutions. Those solutions enable utilities to achieve their business objectives and meet regulatory requirements: attracting and retaining customers, shifting usage off peak, improving energy efficiency, improving customer satisfaction, reducing the cost to serve, and increasing non-core revenue. Onzo’s solutions include hardware and software that can increase the amount of valuable data that is gathered, process data to maximise its value to the utility, and increase the number and effectiveness of the utility’s consumer touchpoints. For further information please visit www.onzo.com.