Data Access Benefits Consumers:
Time-of-Use Plans With Variable Rates
Nearly 1.4 million Illinois consumers get their energy from alternative providers. Because these companies do not have access to interval data recorded by smart meters, there are currently zero time-of use plans available to these consumers.
By modernizing data access, retail companies will be able to offer competitive products that help consumers benefit from using energy at off-peak hours.
Data Access Reduces Grid Strain:
Alerts Can Educate Consume
Improved data access helps reduce demand on the grid during periods of peak usage, because companies, software and energy management tools can help make consumers are more aware of how, when and at what cost they are using electricity.
In other states, apps and dashboards encourage customers to shift their usage to periods of the day when electricity rates are lower helping them save money.
Data Access Educates Consumers:
Minor Adjustments Save Money
It’s the consumer’s usage data, but the current bureaucratic model of data access is limiting innovation, access and the development of tools, dashboards and plans that educate consumers about their usage habits.
Minor adjustments in daily routines can help consumers save money on their monthly electric bills. Usage data needs to be better organized, analyzed and put in front of consumers to help them make responsible decisions about their usage habits.
Data Access Supports EV Adoption:
Plans Tailored To Customer Needs
With access to usage interval data, companies can offer plans and products that help consumers shift their habits and utilize new technologies, such as electric vehicles.
In other states, licensed competitive retail energy companies have been able to develop tailored plans that support consumers with electric vehicles and promote the charging during periods of low demand.
Data Access Supports Renewables:
Alerts Can Educate Consumers
Improved data access will help ensure a smooth rollout of the state’s historic pivot to renewable and zero-emission electricity generation.
Given the intermittency of renewable energy generation, it is vital that companies have access to interval data to gain a complete picture of the state’s and consumer’s energy needs.
With improved data access, consumers can be matched with plans from retail companies that utilize 100% renewable power.
THE FREE YOUR DATA ACT
Data is the lifeblood of the renewable energy economy. Illinois needs to modernize access to smart meter data.
Allow Illinois’ licensed competitive retail energy companies access to the electricity usage data to identify emerging customer needs, develop usage-based energy plans that help consumers save money, and support the state’s transition to green energy.