Navigant white paper outlines how utilities can leverage digital strategies and tools to deliver top-tier customer experience and transform their business in an Energy Cloud environment
CHICAGO – Today, Navigant (NYSE:NCI) released a new white paper, The Changing Value of Customer Experience in the Energy Cloud, urging utilities to transform their customer experience (CX) in order to stay competitive and help customers succeed in an increasingly connected marketplace.
As utilities navigate the transition from regulated commodity providers to sophisticated energy solutions providers, new competitors are rapidly emerging at the grid’s edge that provide platform-based energy services and redefine CX standards through efficient, low cost digital operations. For utilities to cement themselves as the customer’s premier choice of energy service providers, leveraging new Energy Cloud platforms alone will not be enough.
According to the white paper, utilities must create a truly seamless CX through digital best practices that enable customers to achieve their goals—such as cost savings, reliability, resiliency, sustainability—while also remaining a customer of the energy company or utility.
“Transforming CX is foundational to transforming utilities’ value propositions in the customer-centered Energy Cloud, where selling customers on new energy programs, products, and services through Energy Cloud platforms is becoming increasingly important,” says Jan Vrins, managing director and leader of Navigant’s global Energy segment. “Enhancing the customer experience value will be critical in unlocking this potential, and ‘good enough’ CX will not be enough to stay competitive.”
According to Navigant, utilities and energy companies can build a foundation for customer trust and loyalty by adopting several best practices:
"Utilities must act now to remain relevant in the Energy Cloud future and position themselves as a customer-centric energy solution provider,” says Ted Walker, managing director at Navigant. “Focusing on top-tier CX can help accelerate the long-term transformation of the utility, while also providing near-term benefits of improved customer satisfaction and reduced operating costs.”
To read the full white paper, click here, and join the social media conversation with #FutureUtility.
With over 600 consultants, Navigant’s global Energy segment is the largest energy and sustainability consulting team in the industry. We collaborate with utilities and energy companies, government and NGOs, industries and large corporations, product manufacturers, and investors to help them thrive in a rapidly changing energy environment. Our clients include the world’s 50 largest electric, water, and gas utilities; the 20 largest independent power generators; and the 20 largest gas distribution and pipeline companies. Navigant’s seasoned professionals and highly skilled specialists form exceptional teams to help clients transform their businesses, manage complexity and accelerate operational performance, meet compliance requirements, and transform systems and governance to address upcoming changes as the energy transition takes hold.
Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage, and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the firm primarily serves clients in the healthcare, energy, and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.