How Technology Is Transforming Utilities ... And Helping Energy Purchasers

Authors

  • Ed Falkowitz President The Falkowitz Group

DOI:

https://doi.org/10.13052/dgaej2156-3306.1336

Abstract

Competition had ne ver been an issue for utilities which, as in-
stitutions, were prototypical of the solid, slow moving bureaucracies
that allowed few internal changes or outside ideas. The competition
caused b y impending deregulation and new technologies forced utili-
ties to wake up and take note. Unlike the Microsoft monopoly which
is on the cutting edge of progress, the utilit y monopolies wanted and
needed "bus iness as usual." It took courage for the few utilities w h ich
chose to take on the challenge of transforming themsel ves and the ir
serv ices to accommodate the progress of the industry.
As a rule, ut ilities had been bu sinesses where un ion co ntra cts were
generously negotiated, emp loymen t life-time, raises steady, the admin is-
trative staffs bloa ted, an d rate increases pr edictable. Yet, PG&E, a utility
in the San Francisco area, began ins talling 100,000 CellNet electric and
gas meters , and ha d p lan s to au toma te all 8 mill ion meters in its terri-
tory. In an ar ticle en tit led " Req u iem for Me te r Read ers?" Jon ath an
Marsha ll rep ort s in The Sail Fra ncisco Chro nicle that the 850 doo r to do or
meter readers w ill even tua lly lose their jobs. PG&E's Project Ma nage r
for au toma ted meter read in gs, Mark Hu ghes, said that the ut ility has
agreed to r etr ain the wo rkers and give them firs t crack a t new jobs.

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Author Biography

Ed Falkowitz, President The Falkowitz Group

Ed Falkowitz is a financial exec utive with 30 ye ars' expe rience. He
h old s an un d erg radu at e d egr ee from Calif orn ia Sta te Univ er sity, a gra d ua te degree from Fordh am Un iversity, and a CPA cer tification. H is
corpo ra te backg roun d includes CFO for a bu siness unit of PSE&G, an d
vice-p residen t an d trea sur er to $6 billion Th orn EM!. He is preside n t of
TFG in Mon tville, NJ, an in depen den t financing company specializi ng in
ind us trial and techn ical pr ojects, with a specialty in ene rgy project fi-
nan cing.
The Falkowi tz Gro up, 42 Wa terford Drive, Mon tville, NJ 07045;
973-331-8122, Fax 8139; tfg4@aol.com

References

Dan Weissm an , " PSEILG Lobb ying for Con trols on M idw est Power

Prod ucers," The SUllday Star Ledger, March 8, 1998.

For in-de p th detail on RTP, please refer to Larr y R. Rowla nd , " Real

Tim e Pricing and Its Impact on the End User," Ellergy User News,

Mar ch 1998, page 32.

Betha ny McLean, "Need Electricity? Call Your Broker," Fortune, Sep-

tem ber 29, 1997, pag e 153

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Published

1998-06-17

How to Cite

Falkowitz, E. . (1998). How Technology Is Transforming Utilities . And Helping Energy Purchasers. Distributed Generation &Amp; Alternative Energy Journal, 13(3), 64–73. https://doi.org/10.13052/dgaej2156-3306.1336

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Section

Articles