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Last $9.26 USD
Change Today -0.04 / -0.43%
Volume 65.0K
OPWR On Other Exchanges
New York
As of 5:15 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

opower inc (OPWR) Snapshot

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52 Week High
12/1/14 - $15.59
52 Week Low
08/24/15 - $7.85
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opower inc (OPWR) Details

Opower, Inc. provides cloud-based software to the utility industry in the United States. Its software analyzes energy data and presents personalized insights to consumers in order to motivate reductions in energy consumption. The company offers energy efficiency solutions comprising energy reports under the utility’s brand; and smart meter-enabled alerts and emails that include smart meter data, which allows it to provide more frequent outreach and alerts based on customer usage patterns through email or text. It also provides demand response solutions that enable utilities, which have installed smart meters to engage their residential customer base in demand response programs, including peak day alerts through text message, automated call, and email to notify customers of days when electricity costs are high and encourage them to save energy; and peak day feedback reports to energy consumers following demand response events and provide detailed information about how a customer performed on a peak usage day. In addition, the company offers digital engagement solutions, such as Opower Web, a Web application for customer-facing Web site; and customer service representatives solution that allows customer service representatives to create online accounts, enroll customers to receive energy alerts through their preferred communication medium, update customer profiles, and provide energy management advice; and rates engine, which helps utilities analyze cost data for energy consumers and adopt time-of-use rates. Further, it offers customer care solution for reducing cost-to-serve and increasing customer satisfaction when utility customers receive a high bill, which consists of high bill alerts; eBill notifications, and billing advisor. The company markets and sells its products and solutions to regulated and unregulated utilities. Opower, Inc. was founded in 2007 and is headquartered in Arlington, Virginia.

606 Employees
Last Reported Date: 11/12/15
Founded in 2007

opower inc (OPWR) Top Compensated Officers

Founder, Chairman and Chief Executive Officer
Total Annual Compensation: $250.0K
Founder, President and Director
Total Annual Compensation: $244.2K
Chief Financial Officer
Total Annual Compensation: $312.5K
Senior Vice President of Worldwide Sales
Total Annual Compensation: $240.0K
Compensation as of Fiscal Year 2014.

opower inc (OPWR) Key Developments

Puget Sound Energy Launches First Ever Deployment of Opower's Bill Advisor Product Suite

Opower announced that Puget Sound Energy has launched the first ever deployment of Opower’s Bill Advisor product suite. Over the next few months, more than 500,000 PSE customers will receive an upgraded self-service e-bill experience, new unusual usage alerts, and improved call center tools for PSE energy advisors to identify ways for customers to save on their monthly bills. Bill Advisor is Opower’s latest Customer Care offering. It enhances the billing experience for utility customers with proactive alerts, self-service tools, and integrated call center software that embeds helpful, personalized insights across the entire billing process. Because Bill Advisor is built on Opower’s proven customer engagement platform and powered by the company’s big data expertise, utilities such as PSE are able to leverage advanced analytics, targeting, and automation to deliver unique bill experiences on a massive scale.

OPOWER, Inc. Presents at Platts 11th Annual California Power and Gas conference, Nov-19-2015 09:00 AM

OPOWER, Inc. Presents at Platts 11th Annual California Power and Gas conference, Nov-19-2015 09:00 AM. Venue: Hotel Nikko San Francisco, 222 Mason Street, San Francisco, CA 94103, United States. Speakers: Michael Sachse, Senior Vice President of Marketing, Business Development & Regulatory Affairs.

Opower Launches Opower Marketplace Suite

Opower announced the launch of the Opower Marketplace Suite. Built in partnership with Enervee, whose software is designed to change the way consumers buy energy-using products, Marketplace Suite arms customers with information about more than 600,000 product and service offers from hundreds of retailers. Bringing a data platform oriented company like Enervee onto Opower’s Customer Engagement Platform will enable utilities to effectively target customers with incentives and offers, drive higher program participation rates and unlock new business value from their customers’ energy efficient purchases. The Marketplace Suite features: The broadest selection of products and services with over 600,000 product offers developed and updated daily across hundreds of retailers, each with a unique energy efficiency rating developed by Enervee. Customer targeting and marketing tools to help utilities improve the scale and performance of existing incentive programs and drive customers to new ones. An advanced analytics dashboard that produces EM&V-ready data and allows utilities to tie every single lead, customer, and dollar back to the marketing initiative that created them, resulting in highly cost-effective and targeted marketing campaigns. A streamlined, mobile-ready user experience that modernizes the cumbersome, paper-based rebate redemption process, so customers can easily apply for rebates online. Seamless integration with existing utility web portals, empowering customers with energy insights and product recommendations. Potential new revenue streams by giving utilities the opportunity to capture commission on product sales and advertising dollars without being burdened by backend logistics and order fulfillment.


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