Redefining the Low-Income Customer Experience...Renewables alone won’t meet state GHG targets; 1/3...

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www.esource.com Redefining the Low-Income Customer Experience Web conference May 16, 2019 Lisa Markus, E Source Nick Bafaloukos, ComEd Molly McGowan, Propel Katie Ryder, E Source

Transcript of Redefining the Low-Income Customer Experience...Renewables alone won’t meet state GHG targets; 1/3...

Page 1: Redefining the Low-Income Customer Experience...Renewables alone won’t meet state GHG targets; 1/3 of Americans are considered low income. 29 states; Washington, DC; and 3 territories

www.esource.com

Redefining the Low-Income Customer Experience

Web conference

May 16, 2019

Lisa Markus, E Source

Nick Bafaloukos, ComEd

Molly McGowan, Propel

Katie Ryder, E Source

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Today’s speakers

Lisa MarkusManaging Director, Consulting & Advisory Services, E Source

Katie RyderDSM Consulting Lead, Consulting & Advisory Services, E Source

Molly McGowan Senior Manager, Propel

Nick BafaloukosDirector, Customer Programs & Advanced Analytics, ComEd

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Today’s agenda Understanding the business imperative for low-income

customer engagement Rethinking low-income CX: ComEd: Reimaging the low-income customer experience Fresh EBT: Engaging Con Edison customers in Smart AC Where to start How we can help

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Business imperative for low-income customer

engagement

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Growing arrearages attributed to income gap

Business imperative

Growing US utility

bill arrearages

Increasing energy price

volatility

Historically high

energy prices

Arrearages and terminations are becoming less connected to severe weather; instead they reflect the growing gap between household incomes and energy prices.

Source: US Energy Information Administration

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Achieving RPS/GHG emission targets

© E Source; data from Center for Climate & Energy Solutions, National Conference of State Legislatures, 2019 California Energy Demand Management Council Spring Symposium, and Working Poor Families Project

State Utility Customer23 states and Washington, DC, have greenhouse gas (GHG) emissions targets

Renewables alone won’t meet state GHG targets

1/3 of Americans are considered low income

29 states; Washington, DC; and 3 territories have established a renewable portfolio standard (RPS)

Getting there will require broad-based customer participation in energy-efficiency programs

1/3 of Americans experience energy insecurity

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Success requires rethinking the low-income customer experience

PartnerCustomer segment

Public policy issue

Ratepayer

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Rethinking low-income CX

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ComEd

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7.2%average

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7.2%average

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Fresh EBT

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What is Fresh EBT?

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Engaging Con Edison customersPromoting Smart AC in targeted New York City zip codes through in-app advertising drove 730 sign-ups

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Where to start

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E Source research says low-income customers …

Mistrust utilities Don’t understand the programs

Feel helpless to improve energy habits

Mistrust of utility’s motives for programs

Don’t believe programs are actually free

Don’t feel in control of their home’s energy efficiency

Want more compassion and support

Fear that they’ll lose other subsidies if they participate

Don’t own their home

Hesitant to let strangers into their homes

Fear that participation will hurt their chances of getting a green card or residency (for undocumented customers)

Source: The Essentials for Marketing to Low-Income Customers; Bringing Value to Customers Who Have Limited Resources

December 2018

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Four essential strategies

Work to understand your customers Make empathy and empowerment

central themes of your campaigns Build trust with customers through

community partnerships Be transparent to address fears and

skepticism about “free” offerings

Source: San Diego Gas & Electric, E Source Energy AdVision

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Work to understand your customers

People who qualify as low-income are far more complex than that label, which we explore in our report Low-Income Segmentation: Analyzing Diverse Customer Groups

Work to meet these customers’ unique needs, preferences, and interests through ethnographic, qualitative, and quantitative research

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Questions to ask

What’s your vision for serving your most vulnerable customers?

Does your utility have business objectives that require engaging low-income customers?

1 2What’s the current state of your low-income customer experience?

3

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CX Strategy and vision

Current-state assessment

VOC and VOE research

Customer journey mapping

Benchmarking, KPIs, and measurement

Customer segmentation and marketing

How we can help Discovery

Develop customer life cycle

Identify journeys

Journey-map current state

Collaborative ideation

Journey-map future state

Gap analysis between current and

future state

Prioritized roadmap to address gaps

Determine measurement and

metrics for success

Implementation of roadmap elements

Continuous improvement

Research channeling the voice of the

customer and the voice of the employee

Marketing and communications

techniques based on segmentation and 33

years of best practices

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How E Source can help

Lisa MarkusManaging Director, Consulting & Advisory Services, E [email protected]

Katie RyderSenior Consultant, Consulting & Advisory Services, E [email protected]

Cindy SchweitzerVice President, Customer Solutions, E [email protected]

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