Ontario Markets
Energy retailers operating in US gas and electricity markets have complex business requirements placed upon them under North American Energy Standards Board (NAESB) compliance standards with EDI and other technologies in use. These standards involve customer enrolments, drops, moves, billing and settlement. Retailers must implement and operate a billing and settlement system, customized to their particular market as well as their own internal business processes (e.g., IT interfaces, customer contracts, etc.). This system must communicate with local distribution utilities.
The SPi Group Inc. is currently expanding its business into the New York market and will be providing services and solutions in the near term to other states that are either deregulated or are in the process of deregulating.
The SPi Value Proposition
SPi�s retailer managed billing and settlement services enable retailers to quickly enter an electricity or gas market. By choosing SPi�s retailder managed billing and settlement services, our clients can maintain their current systems and business processes, and reduce overall cost to market.
With SPi managing the back office for billing and settlement, our clients can focus on winning customers and driving their core business.
Service Benefits:
The SPi retailer managed billing and settlement services benefit our clients by:
- Leveraging their current systems and business processes.
- Leveraging SPi�s professional services for expert consultation on the requirements to operate within various markets.
- Leveraging SPi�s operational expertise of retail electricity and gas markets in other jurisdictions.