The Utilidex Energy.Hub is a unique, innovative and affordable energy management solution which will change the way you work – forever.
Whether you’re a Customer, Supplier or TPI, we have all the latest features and updates for our three energy product offerings.
Read on to find out how we’ve been working hard to make your energy life easier.
Trading & Energy Procurement
Whether you are a large energy user managing your Flexible Purchasing contracts, or a Supplier/TPI managing on behalf of your customers, our latest changes will help make your purchasing life a lot easier.
Updated Feature – Energy Price Analytics – now integrated with ICE
You can now view a whole series of price analytics, including current market prices, historical prices, trend analysis, comparison to benchmarks and comparison to market averages. All to help provide a better and more informed view of where the current market price is, and how this compares to prior periods.
Subject to customer’s subscriptions, you can also now integrate ICE prices or Marex Spectron data and take advantage of a full set of price analytics, utilising your current data subscriptions.
The improved Mark to Market (MTM) reports gives you a deeper understanding of your portfolio’s traded performance. You can view all your data on-line and easily drill through to view traded positions, open positions, and weighted cost of energy in both power and gas.
We’ve updated our price alerts to help you automatically track and monitor commodity price movements. You can set upper/lower boundaries (price triggers) on certain products e.g let me know when Summer 2020 either goes below £40 or above £50. You can also set triggers to notify you if certain products move above/below a certain % and/or price movement, e.g let me know if the price increases by more than 5%.
The system continual monitors the market for you, and lets you know when thresholds and/or market conditions meet your settings, so you can then take action as necessary.
Contact us today to find out how we can help you.
Bill Validation & Bill Processing
This month, our focus is on automation and speed, to help you save time and complete your energy work as quickly as possible.
Updated Feature – Viewing large data sets has become a lot faster
Our product’s data tables have been optimised to significantly reduce the time they take to load large volumes of data. You’ll now be able to load 10, 20, 50 thousand records of data in much faster time frames, as well as easily view, sort and search through your data.
We’re rolling this change out on “Validate Invoices” and “Multiple Site Entry” screens, with additional screens coming in the next update.
New Feature – Energy site data made easier for you and your team
With multiple stakeholders using the Energy.Hub, naming conventions for data fields and the number of data elements required can vary from customer to customer. To help you tailor the Energy.Hub for your company and processes, we’ve made it possible for Admin Users to add new fields, to update the fields names, mark them as mandatory or not, as well as add “tool tips” to help explain what fields are for.
Admin users can configure the data elements for their Energy.Hub in Settings, Data Settings and then Site Data.
Updated Feature – Automatically trap metering variances when they happen
We’ve updated our “Erratic Metering Alert”, which allows you to track variances in consumption which are deemed abnormal/unusual. You can now configure the alert to notify you daily with information on breaches over/under a define baseline in volume and percentage. The check is performed on all new meter data coming in, and alerts you immediately when the threshold is breached, helping you keep on top of data issues when they happen.
Applications to help you do more.
You can purchase any one of our software products direct as a customer, or through our partner consultancy firms (TPIs), or via energy suppliers. Our goal is to make it easy for you to work together, and stay in control of your energy estate.
Understand your energy data with our detailed energy insights and powerful reporting features.
Utility Bill Validation
Automate your bill validation with straight-through processing from EDI receipt to payments in minutes.
Trading and Energy Procurement