LogNet Billing deploys MaxBill solution for Amigo Solar
LogNet Billing, the provider of Modern Billing solutions for service providers worldwide, announced that the company has deployed its MaxBill solution for Amigo Solar, the first competitive provider of electricity for the regulated B2C market in Chile.
Amigo Solar owns and operates a portfolio of behind-the-meter distributed energy resources (DER), consisting of peak-demand storage systems, rooftop photovoltaic systems, smart meters and dataloggers, which allow the company to manage and optimize their consumers’ demand and create more favorable economic conditions for the supply of electricity.
Amigo Solar deploys its proprietary Intelligent Solar Electricity Networkplatform (RESI® – Red Eléctrica Solar Inteligente) in residential and office buildings, business parks, industrial facilities, shopping centers and other similar types of properties to aggregate demand and establish intelligent microgrids. Amigo Solar’sdigitalized back office processes has enabled the company to become 100% customer-centric anddisrupt a market that has historically been deprived of any form of competition.
Amigo Solar’s business model involvessupplying renewable electricity to small (<10 kW) and medium-sized (<100 KW) consumers at competitive rates that are lowerthan the regulated rates offered by the incumbentregulated utilities in their respective concession areas of service.
The MaxBill solution from LogNet Billing is used by Amigo Solar to handle all of the company’s customer management and billing activities. Amigo Solar relies on the advanced billing and reconciliation capabilities of MaxBill to support its multi-layered pricing schemes.
Amigo Solar selected MaxBill after conducting a proof-of-concept (PoC) trial and is currently using the solution in a SaaS model. LogNet Billing completed the full deployment of the MaxBill system within onemonth.
“LogNet’s ability to quickly deploy an off-the-shelf SaaS solutionthat could serve as the backbone of our digital back office was the initial reason that we selected MaxBill,” explained Yuri Sylvester, Chief Business Development Officer at Amigo Solar. “Looking at the bigger picture, LogNet’s extensive global experience in the competitive utilities sector and its dedicated project team along with the strengths of MaxBill will significantly contribute to our ability to capitalize on this disruptive market opportunity.”
“We have strong expectations that by consolidating our business model with world-class partners and solutions such as LogNet and MaxBill will ignite the appetite of European investors to look toChile as the next niche for competitive retail electricity supply, where double-digit margins are widely untapped,” added Sylvester.
“We are proud to be supporting Amigo Solar and its new energy supply operation with our modern approach to billing,” said Kirill Rechter, CEO of LogNet Billing. “Amigo Solar shows how an efficient and open billing platform can be immediately leveraged and serve as the base for building a profitable business and benefiting customers with a better service and lower costs.”
Source: Company Press Release