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Why Optimize Telecommunications?

You’re at dinner with a friend, and neither of you can recall the name of the lead actor in a movie you want to see. So, you pull out your phone and punch the information into your search engine. You’re driving through an unfamiliar area to meet up with a colleague, but you can’t remember which turn to make, so you take out your phone and type the address in your maps app. You’re out of town for work, but you still need to say goodnight to your kids, so you take out your phone and video chat with them before bed.

Regardless of the situation, it is undeniable that cell phones have become a necessity for most Americans. They’re used in thousands of ways, millions of times a day, all across the country. The service that makes this possible, however, doesn’t just appear out of thin air.

How to Revive the Aging Utility Infrastructure

The weak links in our already weakened utility infrastructure are numerous to behold. In 2018 alone, three separate incidents illustrate the extent of the problem. According to a J. D. Power report, a residential gas leak and subsequent explosions in Lawrence, Andover, and North Andover, MA resulted in one death and 25 injuries. In California, power lines may have played a role in the deadly Camp wildfire. In New Jersey, water utilities in the state have amassed 226 contamination violations of the Safe Drinking Water Act.

Our crumbling infrastructure is in desperate need of upgrades, but the price tag may be beyond the government’s budget.

Why Utilities Need to Disrupt Themselves

One of the biggest challenges facing utilities is how to move forward with next-gen, user-friendly tech that creates an atmosphere of transparency, engagement and maybe even an element of humor. How does a traditionally opaque and conservative industry develop deeper, more transparent customer relations?

Time-of-Use Pricing Catches On

California has led the way in implementing new time-of-use (TOU) rate schedules, which adjust per-kWh rates for electricity based on periods of peak demand. By 2020, California’s largest utilities will roll out the first system-wide default TOU rates to their millions of residential customers.

Solar at the Tipping Point

Solar is on fire, so to speak. According to a J. D. Power Utilities Industry Outlook report“Solar megawatt capacity soared 24% in 2017 and grew another 8% in the first 9 months of 2018.” Since 2001, total solar generation worldwide has grown by 50% annually.

THE FOREFRONT OF INNOVATION

Want to stay abreast of regulatory updates, inspiring innovations and thought leadership related to grid optimization? Welcome to our blog, where Franklin Energy’s experts come to delve into everything you need to know to stay at the top of your game in our ever-changing environment.

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