Energy retailers have spent years asking finance to explain their margins. Perhaps it’s time to ask why the people making those margins can’t see them.
Energy retailers are investing in technology to prepare for the future but how much commercial value is being lost while they wait? Gorilla VP of Product Joris Van Genechten explores the answer in this article.
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Helping commercial teams protect margin, price competitively, and forecast with confidence.
UK energy retail is entering a new phase of complexity. Volatility remains an operating reality, while electrification, flexible energy consumption and new technologies are changing how energy is generated, consumed and priced. At the same time, the transition to Market-wide Half-Hourly Settlement (MHHS) is reshaping the industry’s data and settlement landscape, bringing more granular consumption data, and creating new demands and opportunities for how retailers understand and respond to customer behaviour. Retailers are responding with more sophisticated products and propositions, against this backdrop of continued regulatory pressure and intense competition.
With Gorilla, retailers can turn MHHS data into clear insights that help customers bring down their energy bills. Customers get a detailed view of how and when they use energy. That puts them in control of their own consumption and gives them a reason to act on it.
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