gridx
Balance
Daily Revenue Calculations
Calculate bills every night to determine the exact amount of outstanding revenue on a rolling basis
Streamline unbilled revenue calculations
Evaluate unbilled revenue on a customer-by-customer basis
Revenue-to-date updates
Bill projections within +/- $0.03
Take the Guesswork out of Revenue Projections
No More Estimating
Accurately account for unbilled revenue by applying production rate models to customers’ interval data on a regular cadence. Gone are the days of manual meter reading and guesswork when it comes to natural gas and electric utility customer bills.
An Automated Process
Reduce operations time, increase projection accuracy, and avoid financial loss by eliminating a cumbersome and data-intensive process. Optimize your methodology and improve your accounting standards.
“CIS systems are highly integrated and complex systems…they are not easy to change when new innovation is needed.”
Kim Schafer
CEO & Founder, Validos
“Communicating energy impact is easy, but conveying bill impact is incredibly hard. GridX is unique in its ability to do exactly this for anyone with an energy value proposition to homes and businesses.”
Chris Black
CEO, GridX
“Legacy CIS platforms are built to run very steadily, with little changes, for a time when you were making billing changes every rate case — which is every five to 10 years. Now you’re asking utilities to experiment with rates and make billing changes much faster.”
Joseph Santamaria
Director Energy and Utilities Solution Architecture, Amazon Web Services
Revenue Tracking & Analysis
Insight Into Revenue Shifts
Deliver attribution to cost centers and accounts, and provide insight into the conversion of revenue between the billing cycle and calendar month. Understand the total amount of sales or dive into average daily sales, and view them over a certain number of days, the current month, prior month, or the last year and beyond. It’s up to you!
Take a Deeper Dive
Why utilities were unprepared for the new wave of power demand
Finding Balance Between Risk and Reward
The urgent need for more grid automation
Deliver Results, Earn Rewards
Key Features
Accurate Attribution
Align with various cost centers and accounts.
Performance Metrics
Track, benchmark, quantify, and support better financial reporting and increased forecasting accuracy.
Daily Updates
Revenue-to-date communicated through analytics and dashboards.
APIs
compareResult
Monthly rate analysis results, including usage breakdown and all attributes and options per scenario.
compareCalculate
Real-time rate analysis calculation with the ability to apply modifiers to simulate behavior changes.
Unbilled Revenue Calculation for Utilities Companies FAQ
Here are answers to common questions about GridX Balance. If you don’t see an answer to your question here, contact us.
GridX Balance works by providing unbilled revenue calculation for utilities companies. By integrating with your existing CIS, billing system, and data sources, we identify and calculate unbilled revenue.
Yes, we focus on ease of use while delivering unbilled revenue calculation for utilities companies. Our system works with your CIS in a way that is intuitive and meets your specific needs. We also provide training and support to help you get the most out of our software.
GridX takes security very seriously. Our software uses industry-compliant encryption to protect your data. We regularly update our security protocols to ensure that your information is always safe while our software carries out unbilled revenue calculation.
Yes, GridX Balance can integrate with your existing CIS, billing system, and data sources. We work closely with your team to ensure a smooth and seamless integration process.