Champion Energy Services Partnering With Lowfoot on Customer AMI Data, Could Facilitate Future Offering of Peak-Time Rebate Product

Champion Energy Services this morning announced an agreement with Lowfoot, Inc. to provide Texas customers with data and other benefits associated with the interval data from smart meters.

Champion Energy will use Smart Meter Texas data and Lowfoot's software-as-a-service (SaaS) system to show customers their energy usage patterns and a projection of their monthly electricity bill. Customers can use this information to better understand and manage their consumption. In addition, customers can choose to post energy updates to their own social media sites such as Facebook and Twitter, receive text or email alerts and explore their historical usage online.

Additionally, the Lowfoot solution could facilitate the offering of a peak-time rebate or critical peak rebate-type offering by Champion, in which Champion would pay customers to reduce usage during called events, as a cheaper alternative to buying balancing power in the ERCOT market at scarcity prices. At this time, Champion continues to evaluate such an offering but did not announce any immediate plans.

Champion Energy did say that it can use the Lowfoot platform to analyze data from smart meters, aggregate it and, "help reduce peak energy consumption to mitigate wholesale energy price spikes."

"Making smart meter data available more timely reflects Champion Energy's unwavering commitment to helping customers manage their electricity consumption and energy costs," said David J. Tudor, President and CEO of Champion Energy. "Our new program, named PowerTrack, will provide valued customers with home energy consumption insights and enhance their customer experience."