Friday, September 22, 2017

Disrupting High Energy Prices

On ABC Radio Canberra Thursday morning there was a segment on high charges for communal hot water systems in Canberra.  In 2013 I asked for an ACT Assembly Inquiry into Energy Billing, as the charges were five to ten times what they should be. However, no action was taken by the ACT Assembly.

If the ACT Assembly will not stop incumbent energy retailers from imposing unconscionable charges, then perhaps new local businesses need to "disrupt" the business model. New providers could assist the body corporate of a block of units to purchase energy in bulk and meter it to each unit, using billing as a service in the cloud.

The ACT Government, along with Canberra's universities, have fostered a start-up community to help set up new businesses using new technology. This includes Canberra Innovation Network  and the Renewables Innovation Hub. I have been mentoring start-ups through the Innovation ACT competition and setting up an energy metering business is no more complex than some new businesses I have helped with.


ps: I teach "ICT Sustainability" at the ANU, on how to estimate and reduce carbon emissions using computers, through such measures as computerized metering.