How the Baldrige Criteria for Performance Excellence can help today's utility industry meet tomorrow's challenges.

In the past, the utility industry could consider itself exempt from market drivers like those listed above. However, today's utilities are immersed in a sea of change. Customers demand reliable power in unlimited supply, generated in environmentally friendly ways without increased cost. All the while regulators are telling consumers to "change the way they are using energy or be ready to pay more," and the Department of Energy is calling for utilities to make significant reductions in usage by 2020 [1].

Utilities are facing a host of challenges ranging from environmental concerns, aging infrastructure and systems, to Smart Grid technology and related program decisions. The future utility will be required to find effective solutions to these challenges, while continuing to meet the increasing expectations of newly empowered consumers. Cost management in addressing these challenges is important, but delivery of value is what truly balances efficiency with customer satisfaction.

Even as the smart grid comes together, utilities must consider factors such as data sources, models and security to ensure long-term success.

The smart grid is progressing well on several fronts. Groups such as the Grid Wise Alliance, events such as Grid Week, and national policy citations such as the American Recovery and Reinvestment Act in the U.S., for example, have all brought more positive attention to this opportunity. The boom in distributed renewable energy and its demands for a bidirectional grid are driving the need forward, as are sentiments for improving consumer control and awareness, giving customers the ability to engage in real-time energy conservation.

Utilities that want to transform raw data into actionable business insight must understand the importance of integration in implementing analytics.

If you define a machine as a series of interconnected parts serving a unified purpose, the electric power grid is arguably the world's largest machine. The next-generation version of the electric power grid - called the intelligent utility network (IUN), the smart grid or the intelligent grid, depending on your nationality or information source - provides utilities with enhanced transparency into grid operations.

Chances are good that you can significantly improve your call center performance. But the key to future success is understanding the current state of your call center operations.

The great American philosopher Yogi Berra once said, "If you don't know where you're going, chances are you will end up somewhere else." Yet many utilities possess only a limited understanding of their call center operations, which can prevent them from reaching the ultimate goal: improving performance and customer satisfaction, and reducing costs.

Utilities face three key barriers in seeking to improve their call center operations:

An Oracle Utilities white paper.

Should utilities replace current consumption meters with "smart metering" systems that provide more information to both utilities and customers? Increasingly, the answer is yes. Today, utilities and customers are beginning to see the advantages of metering systems that provide: