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tomplace
searching Neon…
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tomplace
10y ago
Tom from Utiliz here. While dissapointed to miss out we were pumped to get into the final 20. The Q&A was enlightening and enjoyable. Good luck to the winners and thanks to Kevin and Dan.
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tomplace
10y ago
Sure. Shoot me an email to info@utiliz.co
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tomplace
10y ago
Hi Ig1. We shared top down as it's easier for people to visualize the size of the opportunity. Bottom up our revenue model projects CAC between $5-$8. We think this business is inherently viral because everyone everyone knows buys elec
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tomplace
10y ago
Ig1. Absolutely it is enough to build a sustainable business. Lets look at NY as an example. Over 7.2MM households and at our low end price point and a 0.5% penetration (36K customers) that’s over $1MM annual recurring revenue for electric
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tomplace
10y ago
Shanacarp, Tom from Utiliz here, thanks for the feedback. To clarify we have zero exposure to energy fluctuations. We don’t hold any credit, counterparty or price hedging risk as the contract is still ultimately between the supplier and t
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tomplace
10y ago
pjc50, a very good question. There are many 'comparison' sites out there. Some are government run (energize CT), some are energy brokers (chooseenergy) and others are bundlers (comcast energy rewards) and of course the two you cal
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tomplace
10y ago
Bcoates, At Utiliz we have spent a significant amount of time looking at the energy market, average usage and addressable customers and our estimate on savings is more than a few dollars. Kevin came up with this idea after saving a few hun
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tomplace
10y ago
nickysielicki. Tom from Utiliz here, thanks for your vote! We are super excited to make the final cut as we realize the opportunity here is skewed towards the north east, great to see the idea connects nationally. Kevin and I have progress
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tomplace
10y ago
Sure. But why scan? A phone pic is enough. That was the plan. How they send it in is the customers choice but in my view a simple web form is easier than asking them to write a bespoke email. But by and large we would accept applications an
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tomplace
10y ago
Hi there. Are you thinking for inbound (original bill upload) or outbound notification? We thought about it for the inbound but while we believe we can get the registration down to a simple 2-3 step process the bill itself is not enough so
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tomplace
10y ago
This is the best map we have showing our market opportunity. http://www.eia.gov/electricity/policies/restructuring/restru... - Notice how skewed to the north east it is? While we believe there will be a trend
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tomplace
10y ago
When we looked at the competitive landscape to this project we did review Comcast Energy Rewards and what they have done is partnered with an energy provider for their customers in deregulated states to create custom deals. We don't co
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tomplace
10y ago
Absolutely. While our MVP is residential electricity in CT we are building a model that scales to all 14 deregulated states, all consumer types (commercial, manufacturing etc.) and gas.