We want to congratulate our partner, PSEG Long Island LLC, on their CS Week Expanding Excellence Award for Innovation in Digital Engagement! This award is presented to a utility that has developed an innovative and technologically complex approach to improving customer service. PSEG Long Island was recognized for its highly successful rate modernization effort, which saw them use Time of Use rates to lower customer bills by an average of 10 percent and shift 4-5 percent of electricity load out of the peak. By putting the hard work in up front, PSEG Long Island enrolled more than 14,000 customers in the program, more than double the original target. The success of the program led their governing authority, the Long Island Power Authority (LIPA), to move forward with a full-scale TOU rollout to all 1.2 million PSEG Long Island customers starting in 2024. Following awards from Chartwell and SECC, it’s awesome to see all their hard work result in so many accolades. Congratulations to all for the very well-deserved recognition! https://hubs.li/Q02vWMrR0
GridX, Inc.
Software Development
Milpitas, CA 4,272 followers
Catalyst of Our Clean Energy Future
About us
GridX partners with utilities and energy suppliers to transform their businesses and accelerate the clean energy transition. Our Enterprise Rate Platform helps these organizations develop new products and business models to achieve their clean energy goals; quickly operationalize new offerings in their billing and settlement processes; and better engage with their customers for broader program adoption. GridX’s platform is used by leading utilities, retail energy suppliers and energy ecosystem OEMs to serve more than 19 million homes and businesses. For more information, contact “Info(AT)GridX.com”.
- Website
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http://gridx.com
External link for GridX, Inc.
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- Milpitas, CA
- Type
- Privately Held
Locations
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Primary
1525 McCarthy Blvd
Suite 1106
Milpitas, CA 95035, US
Employees at GridX, Inc.
Updates
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Heather Rock has always liked grappling with big, existential questions. Knowing she wanted to “serve a carbon-neutral future,” she left Chevron in 2018 to become senior director of strategy for Pacific Gas and Electric Company. When she joined PG&E, it was on the brink of bankruptcy due to billions of dollars in liability after its equipment sparked wildfires. But Heather says the utility is now building a safer grid that is more resilient to climate change. In her current role she’s also scaling innovations to improve the customer experience and lower costs. This week, Heather talks with Brad Langley about how PG&E is using batteries to resolve a service bottleneck in northern California. She also weighs in on being an agent for change in a large organization. “Because of the size and the scope and the scale, if you can make change internally, you can really steer a ship in a different way,” she says. 🎧: https://hubs.li/Q02vCXR00
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Between 2022 and 2023, the nationwide forecast for electricity demand shot up from 2.6% to 4.7% growth over the next five years. On the most recent episode of With Great Power, Rob Gramlich explains how his firm, Grid Strategies, discovered alarming shortfalls around regional transmission planning. 🎧: https://hubs.li/Q02vd6C60
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The countdown to CS Week 2024 is underway! Next week GridX representatives will be in Fort Worth to show you what we have been working on and to have a little fun (YeeHaw!) 🤠⚡️ ⚡️On Monday, April 29th GridX CCO Scott Engstrom will be joining Questline Digital at the Key Account Forum to discuss the challenges Key Account Managers are facing and how to combat those obstacles. ⚡️Join us at our Energy Speakeasy on Tuesday, April 30th. Party like it's the 1920s with GridX, West Monroe, and Hansen Technologies by enjoying specialty cocktails, a live band and casino games! Reach out to your personal GridX Rep or message us for more details. ⚡️Stop by booth # 911 at CS Week’s Conference 48 to play with our new interactive demo and to meet a new member of our #cleanenergycatalyst family (😉) Schedule a demo 👉 https://hubs.li/Q02vd6BW0
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Billing complex rates rely on antiquated tools and that amazing piece of technology known as…spreadsheets? Like so many other industries, utilities can now adopt a digitized approach. Learn more about the new age of digitized rates in Brad Langley's new article on Power Grid International. 👇 https://lnkd.in/dZ6gEuKp
At GridX, Inc., we are focused on helping #utilities better design, analyze, market and bill the modern rate structures needed to #decarbonize. Part of this effort is working to digitize rates. When a rate is digitized, it means the DNA of the rate is componentized, shareable and reusable. It’s always on, it’s always available, and it’s always shareable. Digitization streamlines the process of implementing time varying rates and leads to a better customer experience. We’ve seen success with this approach working with utilities across the country. Check out an article I published in Power Grid International to learn more. https://lnkd.in/d8FT7McU
'Good enough' isn’t good enough: The case for digitizing rates
https://www.power-grid.com
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HAPPY EARTH DAY! 🌍 Today and every day GridX is working to support modern, customer-centric utilities, energy suppliers, and technology providers who are ushering in our clean energy future. At the center of this transition is the digitization of rates! Comment down below how you are preparing for the clean energy future👇
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From his early days working on regulatory policy to his current role as president of Grid Strategies LLC, Rob Gramlich has been focused on future-proofing the electrical grid. Twenty years ago, utilities invested heavily in load demand forecasting. But as load growth fell precipitously in the 2000s, those departments shrank. Now, with load growth skyrocketing from increasingly-electrified manufacturing, burgeoning data centers, and electrified homes, planners are struggling to keep up. The grid simply isn’t ready for what’s coming. This week, Rob talks with Brad Langley about how to mitigate the risks of this impending load demand, including how recent federal funding could help improve grid planning. They also dig into some systemic fixes that could improve the grid’s health in the long term. 🎧: https://lnkd.in/e9bpmn5F
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Our electrical grid produces extreme amounts of data...but what are we doing to utilize it? 📈 In season 3 episode 2 of With Great Power, Dr. Kyri Baker explains to Brad how utilities can use the grid's data to predict when outages will occur and the most efficient way to dispatch repair crews. 🎧: https://hubs.li/Q02sDgxJ0
The urgent need for more grid automation
https://gridx.com
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Streaming services, online grocery delivery, and self-driving cars all have one thing in common... they help consumers minimize disruptions to their daily routines while maximizing benefits. And in the realm of energy, the same principles apply. This week Rachel Bryant, GridX Senior Director of Regulatory & Policy Business Development, recaps how utilities can help their customers maximize their energy usage. ⚡ 🔗: https://hubs.li/Q02sDnLb0
Finding Balance Between Risk and Reward
https://gridx.com