Powerco and emhTrade Work Together on Innovative Energy Trials

We are excited to announce that we have recently agreed to collaborate with Powerco to explore new energy choices for customers.

Stu Innes, CEO of emhTrade, says it is clear that consumers are connecting socially and digitally for better environmental, community or financial outcomes.

“And electricity should be no different.”

“The agreement with Powerco enables us to work with consumers and the industry to make this a reality,” says Innes.

Powerco has invited all retailers to be involved in pilots and trials on its network, so both retailers and Powerco as a distributor, can understand what customers want in the future.

Powerco’s Asset Management and Network Transformation General Manager Ryno Verster says the company is excited to offer its network for trials that will ultimately help customers.

“As a distribution network we tend to not speak directly to all our customers so it’s important to also work with others to better understand what customers’ future energy needs might be.”

“New Zealand has a long history of managing network demand and associated investment through hot water load control. Our research programmes show us how new technologies, understanding consumer preferences and working with innovative partners can help us achieve even more,” says Verster.

emhTrade Chief Commercial Officer Jamie Silk says the pilot group, a small group of test users, will be able to use cleaner, cheaper or more local power, according to their preferences.

“The experience and insights of our test users, together with behavioural science and machine learning, will help us quickly improve people’s ability to achieve their personal goals,” says Silk.

By exchanging information with Powerco through the trial, emhTrade can better understand what value can be created for consumers and the energy system as a whole.

The pilot commences early in 2018 in Powerco’s Eastern region (covering Tauranga, the Coromandel and Eastern Waikato) and is part of a series of innovative grid pilots that we are launching launching across New Zealand.