Leveraging The Power of Trade Ally Programs Eric de Lacoste Program Manager, Customer Engagement Eversource Energy
Eversource Overview Eversource Energy's gas business serves 504,000 customers in 122 communities in MA and CT covering 3,376 square miles. Formerly Yankee Gas (CT) and NSTAR Gas (MA) Re-branded in February, 2015 3.6 million total gas and electric customers in CT, MA and NH
Selling Gas Conversions Past 4 Years
New Reality 8/25/15
Reasons Customers Don’t Switch GAS AVAILABILTY COST TO SWITCH INERTIA LACK OF AWARENESS OIL VS. GAS PRICE SAFETY CONCERNS
Current Contractor Program - CT Comprehensive Energy Strategy (CES) Utilize a “network” of heating contractors to support growth effort – Free market methodology – we respect the contractor’s business and operations – New customer satisfaction survey at conclusion of installation Vetting Process – License Check – BBB & Angie’s List – Website review
Current Contractor Program - MA Preferred Contractor Program Pre-set pricing Specific brand equipment Various efficiency levels Contractors agree to honor pricing to participate in program
Proposed Contractor Program – CT/MA Value Price Contractor Program VOLUNTARY – Participating contractors get “Value Price” logo by their name Specific pricing for various tiers of efficiency Brand-neutral – Contractors install their preferred name-brand equipment Basic guidelines – 120,000 BTU or less – Two zones with new circulators – Electrical and all permits included – Includes equipment, labor, parts, and 50 feet of gas piping – Removal of old equipment (not including oil tank) Extra cost – higher BTU equipment, extra zones, chimney liners, extra duct work, oil tank removal, water heaters.
Preliminary Pricing Standard-efficiency boiler installed -- $7,500 Mid-efficiency boiler installed -- $8,100 High-efficiency boiler installed -- $9,999 High-efficiency furnace installed -- $7,500 Conversion burner - $4,000
Proposed Contractor Program – CT/MA Program to be widely marketed – Website – Customer information packet – Marketing collateral – – Sales team Follow-up survey with each conversion customer – Collect information about pricing, experience etc. – Information to be shared in future with customers – Contractors not adhering to program get removed Participating contractors get extra leads Future lead sharing including text messaging, SalesForce.com etc.
Questions?