Residential pricing

Residential pricing

Are you struggling to refresh the pricing of existing products in a timely manner? Do you have uncompetitive or unprofitable tariffs remaining on sale for longer than desired? Is your organization suffering from lengthy, costly, or constrained product development and/or limited insight into margins and product performance? Time to think about getting Gorilla!

Capture changing consumer behaviour

There has been a big shift in consumer behaviour, driven partly by new technologies but also by a once-in-a-generation shake-up of the way people live, work, and as a result consume energy.

Gorilla allows you to capture this behavioural change by generating supplier-specific profiles for varying customer classifications with smart metering, elective half-hourly metering, and for a variety of uses like EV, solar generation, etc…

Create products tailored to consumer needs

A range of prosumer product offerings for the households who produce and consume energy or a simple fair pricing offering for the mass market. What will be the domestic product structure of the future?

Gorilla offers out-of-the-box formulas to cost any UK gas or electricity customer/meter type with support for both bottom-up and top-down pricing. All of which can be freely configured in a drag & drop interface to create a product for each consumer niche easily.

Integrated & automated

There are multiple sales channels: price comparison websites, collective switching services, direct customers, renewals, …

Gorilla helps you service all these channels in an easy way. To also minimize the time spend on cleaning and prepping the data Gorilla can also automate all cost integrations so your people can focus on creating innovative products rather than copying over data and managing excel files.

Quickly measure product performance & margins

To make sure you will win in the long run Gorilla offers additional product valuations, customer lifetime value, and NPV calculations to allow you to gain insights on your expected performance beforehand and track the effectiveness of your product over time. Using variables like time horizon, attrition rates, discount factors, payback/assessment periods, and future GM assumptions.

Gorilla's residential pricing features

Profiling

Industry Profiling – NHH and NDM meter profilingSmart Meter Profiling – clustering model with your data or bring your own model and data.
Inputs used: Elexon MDD Data including profile coefficients, XOSERVE Demand Estimation Parameters, Temperature Data, Sunset Times, historic data for smart meter profiling.
Profiling formulas using ML to generate supplier-specific profiles for customers classifications with smart metering, elective half-hourly metering, and for a variety of uses – with EV, with solar generation, etc

Forecasting

Tariff forecasts – applying annualized volumes, adjustments, and losses where applicable for tariff costing, pricing valuations.
Product forecasts – application of customer numbers to produce a product forecast for valuations and hedging.

Costing

Out-of-the-box formulas to cost any UK gas or electricity customer/meter type.
All industry costs are supported for both gas and electricity.
Gas: Commodity, UIG, XOSERVE Charges, Transportation. Metering
Electricity: Commodity, BSUoS, RCRC, Capacity Market, Elexon Charges, DUoS, TNUoS including new TCR methodology.
A variety of commodity curves can be selected including weighted average or latest market view.
Electricity support for time of use (ToU) pricing for NHH and HH metering configurations.
Ability to define custom formulas for proprietary costing for cost to serve, risk premium calculations, or any alternative methodology for any cost component.

Pricing

From standard fixed price tariffs to any complex and innovative product.
Customer Lifetime Value
GM and Net Margin
Product Level and Typical Customer Valudations

Integrations

DCC – smart meter
HH Settlement
Billing
CRM
Broker Portal
BI Tool
Web Portals
ETRM
Price comparison websites

The extremely talented, flexible, and effective team at gorilla have been key in implementing our new p&q solution. their product is class-leading and offers great flexibility over anything else on the market, allowing our business to deliver new offerings to our customers.

Iain O’Neill
Head of Innovation - Corona Energy

In an increasingly volatile market, the increased agility and efficiencies gorilla provides, help ScottishPower to continue leading the way in providing greener energy choices that meet customers’ needs.

Helen Fairlie
Head of UK Business Planning & Development - ScottishPower