Utility Week

Utility Week 2nd November 2018

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UTILITY WEEK | 2ND - 8TH NOVEMBER 2018 | 13 Policy & Regulation Speakers' views: 1. The word "utility" still has positive connotations and a special significance. 2. Modern utilities are increasingly about service provision. 3. Customer expectations of what utilities should deliver are changing, and getting the service right is key. 4. Customer segmentation presents difficulties for traditional utilities striving to meet widely varying demands – from owners of electric vehicles to consumers who want paper bills. 5. While the challenges facing utilities differ, collaboration and standardisation might answer some of the major data issues ahead for the industry. Top takeaways "The word utility also brings with it a certain 'essentialness'. It is something I think I feel quite proud of – as a core service that society and our customers would seriously miss if it wasn't there." Malcolm Horne, head of environment, Severn Trent Water Brought to you in association with "Whether the label utility is appropriate or not, I don't think we get hung up about it. The thing is about the service we provide to our customers, and how we are viewed in the marketplace." Mark Adolphus, director of connections, UK Power Netwroks "You are at greater risk of substitution in power – there might be greater adherence to the utility model in the water sector for longer than there is in electricity and gas. So, if you are getting substituted you could almost become like an insurance company. If people are going to smaller providers and they don't have the same level of resilience as you do, then you might say 'we can underwrite that'." Keith Wishart, UK account partner, IBM "Smart brings some 'best in class' capability to build on, but equally brings some challenges too. One of these is we need to manage custom- ers' expectations: many customers are used to 'topping up' their mobile phone and seeing that credit appear on their device within seconds. Topping up a smart meter, in a regulated world with multiple third parties involved, is much more complicated and means it may take longer to appear." Rob Angus, head of smart and energy services change delivery, Npower

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