Energy Rebate Aftermath of a Bitter Cold South
While many of us were at AESP in San Diego enjoying the balmy weather, our counterparts were bracing for Winter Storm Leon. And now, the South is getting hit with a catastrophic ice storm. Unlike the north, the southeast was not prepared for the snow, or the ice that came with it. People living in a region that is not used to being so cold found themselves freezing and cranking up their thermostats.
The implications for utilities is an increase in demand. Households in the south are not used to the cold Mother Nature has been dishing out. Once consumers see their utility bill, they may start looking for ways to save money since their usage increased these past few weeks of bitter cold weather. In turn, they may look to their utility to see what rebates are offered to assist with upgrades they may be considering.
This turn of events bodes well for many utility programs, but comes with a negative consequence; rebate processing costs. Each rebate application that comes in has to be processed, which is costly for utilities due to the staff needed to review and manually enter the applications, whether processed by a third party or not. It’s a slow, tedious, and time consuming process that not only adds significant cost to the rebates process, but also delays payments to customers. Utilities need a solution that reduces cost, is easy to manage, and processes rebates seamlessly.
That solution is DSM Mobile Rebates, a low-cost, seamless, electronic energy efficiency rebates processing channel built on cloud technology. DSM Mobile Rebates eliminates paper rebates which saves utilities manpower, time, and money, while improving program cost-effectiveness. When DSM Mobile Rebates is implemented into energy efficiency programs, utilities receive not only the mobile app but also Green Team Energy Services’ powerful DSMTracker rebates processing module on the backend. This rebates engine can also be enabled to work with all other rebate application channels, along with mobile rebates to drive cost out of the rebates process. As a result the utility saves money, while providing their customers with a way to save money too. Thus, the next time Mother Nature decides she wants to send a polar vortex to the South, they’ll be prepared.