customer communications: insights and opportunities · insight for tomorrow’s utility our utility...
TRANSCRIPT
Customer Communications:
Insights and Opportunities
June 23, 2016
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
Our mission Provide unbiased, actionable
quantitative and qualitative
research to the utility industry
Fast Facts
• 23 years helping utilities
improve customer
satisfaction and
operational efficiency
• 10 of the 10 largest
electric and natural gas
companies are members
• 37 utilities participate in
Chartwell’s Research
Councils
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
Our utility members
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
Our focus
• Opportunities • Challenges • Goals • Strategies • Programs • Services • Innovations • Successes • Lessons
Improve Satisfaction
Save Time
Increase Engagement
Save Money
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
What are your greatest challenges?
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
Challenges: Utility communications
Value Rate
increases New energy
options Digital
strategies
Mobile-first Segmentation Personalized
messages Fragmented
media
Resources Renewables Technology Metrics
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
Chartwell insights
• Utilities recognize that customers want more in terms clear, two-way communications on outages, energy usage and billing issues
• Yet, many utilities lack the complete, integrated view of each customer needed to deliver on those expectations
• Customer communication remains a critical component for improving customer experience
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
ERT is King Priority Information – Top 2 Box response
12%
25%
34%
31%
41%
58%
12%
20%
29%
30%
38%
70%
Total customers witout power
Time the outage began
Geographic area affected
Crew status
Cause
Restoration estimate
All customers
Source: Chartwell 2015 Residential Consumer Survey (n=1,502)
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
More than half of your customers expect an
ERT within 15 minutes of reporting an outage
25%
36%
20% 16%
4%
Immediately Within 15mins
Within 30mins
Within 1hour
> 1 hour
61%
Source: Chartwell 2015 Residential Consumer Survey (n=1,502)
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
Source: Chartwell’s 2015 Residential Consumer Survey, n = 1,502
Consumers say they want more
energy information (Top 2 box response)
77%
67%
67%
66%
62%
60%
49%
37%
22%
Usage information on bill
Monitoring usage more closely
Usage information on web
Smart appliances
Smart thermostat
In-home display
Smartphone control
Solar
EV
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
More utilities are providing proactive
outage alerts to customers
45%
75%
2014 2015
Sources: Chartwell’s 2014 Outage Communications Industry Survey (n=52) & 2015
Outage Communications Industry Survey (n=47)
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
…but digital bill alert offerings still
minimal
Chartwell's 2015 Credit and Collections Survey, n=45
89% Email
44% Text
42% Phone
33% Web Alert
16% Mobile Alert
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
52.8%
27.3%24.0%
17.9%
54.2%
32.8%34.3%
25.2%
50.6%
39.9%36.5%
26.8%
Website (PC) Website (mobile phone) Text Social Media
Top 2 box interest in channel preference for receiving info/updates from utility 2011/2014/2015
What’s your mobile-first strategy?
+12.6pp
+8.9pp
+12.5pp
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
[PERCE
NTAGE]
, Yes
[PERCE
NTAGE]
, but
plans
to do
so in
the
next 1-2
years
[PERCE
NTAGE]
, No,
and no
plans
to do
so
Does your company have a
dedicated customer
experience strategy or
initiative?
13.6%
15.9%
31.8%
38.6%
Less than one year
2-3 years
1-2 years
3 or more years
How long has your company
had a customer experience
strategy or initiative?
Source: 2016 Customer Experience Industry Survey, n=53
Yes,
81% Not yet,
15% No, and
no plans,
4% …but 61% are less than 3
years old!
CX initiatives are under way
at most utilities…
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
Verbatim: If you could choose one
company you’d like your utility to be more
like, which would it be? And why?
Source: Chartwell’s 2015 Residential Consumer Survey, n = 1,502
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
31.2%
24.5%
23.8%
20.7%
20.2%
17.2%
16.8%
20.1%
25.4%
20.0%
21.9%
29.0%
Online retail
Bank
Mobile provider
Shipping
Insurance
Cable
2015: Satisfaction with your utility compared to...
Less satisfied with utility About the same More satisfied with utility
How utilities stack up
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
Satisfaction ‘sweet spots’
42.5%
43.1%
45.4%
48.8%
59.2%
60.7%
67.5%
67.9%
70.6%
72.5%
73.8%
75.0%
Community Involvement
Price/cost
Renewable resources
Corporate Image
Billing Options/Programs
Communication w/customers
Ease of Doing Business
Customer Service
Overall Satisfaction
Payment Methods
Understand my bill
Reliability
Top 2 box response: "How satisfied are you with your utility's performance on the following" (n=1502)
Source: Chartwell’s 2015 Residential Consumer Survey
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
Utility messaging focuses on
reliability and safety
9%
9%
11%
34%
36%
Easy to do business with
Trusted advisor
Value
Safety
Reliability
Source: Chartwell 2015 Marketing and Communications Industry Survey, n=56
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
Got brand? Less than half of utilities share a specific brand promise
with customers
Source: Chartwell 2015 Marketing and Communications Industry Survey, n=37
Yes, 47.2%
No, 52.8%
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
Avista’s Customer Experience
Intent Statement
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
Chartwell’s Best Practices
Duke unveils strategies to
reduce customer-
facing scams
SRP boosts storytelling power with
engaging blog posts
Puget Sound Energy
delivers news broadcast, live tweets
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
Chartwell’s new Customer Communications
Research Council
Benefits
• Collaborative consulting
• Two custom research projects per year
• Monthly conference calls
• In-person meetings each spring and fall
• Conference registrations
• Peer network
• Direct access to Chartwell senior analysts
A PRESENTATION BY CHARTWELL, INC.
INSIGHT FOR TOMORROW’S UTILITY
Thank You!
Scott Johnson Vice President
Tim Herrick
Director, Sales and Member Services