LogNet Systems Press Release: Amigo Solar goes live with MaxBill for electricity billing on microgrids in Chile
post-template-default,single,single-post,postid-18844,single-format-standard,bridge-core-1.0.5,ajax_fade,page_not_loaded,,qode-child-theme-ver-1.0.0,qode-theme-ver-18.1,qode-theme-bridge,qode_header_in_grid,wpb-js-composer js-comp-ver-6.0.2,vc_responsive

LogNet Systems Press Release – Amigo Solar goes live with MaxBill for electricity billing in Chile

Amigo Solar goes live with MaxBill for electricity billing on microgrids in Chile

MaxBill supports multi-layered pricing schemes for the supply of a unique combination of renewable and traditional electricity

Warwickshire, United Kingdom (April 6, 2017) – LogNet Billing, the provider of Modern Billing solutions for service providers worldwide, today announced that the company has deployed its MaxBill solution for Amigo Solar, the first competitive provider of electricity for the regulated B2C market in Chile.

Amigo Solar owns and operates a portfolio of behind-the-meter distributed energy resources (DER), consisting of peak-demand storage systems, rooftop photovoltaic systems, smart meters and data loggers, which allow the company to manage and optimize their consumers’ demand and create more favorable economic conditions for the supply of electricity. Amigo Solar deploys its proprietary Intelligent Solar Electricity Network platform (RESI® – Red Eléctrica Solar Inteligente) in residential and office buildings, business parks, industrial facilities, shopping centers and other similar types of properties to aggregate demand and establish intelligent microgrids. Amigo Solar’s digitalized back office processes has enabled the company to become 100% customer-centric and disrupt a market that has historically been deprived of any form of competition.

Amigo Solar’s business model involves supplying renewable electricity to small and medium-sized consumers at competitive rates that are lower than the regulated rates offered by the incumbent regulated utilities in their respective concession areas of service.

The MaxBill solution from LogNet Billing is used by Amigo Solar to handle all of the company’s customer management and billing activities. Amigo Solar relies on the advanced billing and reconciliation capabilities of MaxBill to support its multi-layered pricing schemes.

Amigo Solar selected MaxBill after conducting a proof-of-concept (PoC) trial and is currently using the solution in a SaaS model. LogNet Billing completed the full deployment of the MaxBill system within one month.

“LogNet’s ability to quickly deploy an off-the-shelf SaaS solution that could serve as the backbone of our digital back office was the initial reason that we selected MaxBill,” explained Yuri Sylvester, Chief Business Development Officer at Amigo Solar. “Looking at the bigger picture, LogNet’s extensive global experience in the competitive utilities sector and its dedicated project team along with the strengths of MaxBill will significantly contribute to our ability to capitalize on this disruptive market opportunity.”

“We have strong expectations that by consolidating our business model with world-class partners and solutions such as LogNet and MaxBill will ignite the appetite of European investors to look to Chile as the next niche for competitive retail electricity supply, where double-digit margins are widely untapped,” added Sylvester.
“We are proud to be supporting Amigo Solar and its new energy supply operation with our modern approach to billing,” said Kirill Rechter, CEO of LogNet Billing. “Amigo Solar shows how an efficient and open billing platform can be immediately leveraged and serve as the base for building a profitable business and benefiting customers with a better service and lower costs.”

About LogNet Billing

LogNet Billing and our MaxBill solution turn billing, service delivery and customer experience management into competitive advantages that help service providers achieve their strategic objectives and grow their businesses. Our MaxBill solution and Modern Billing strategy enable service providers to offer attractive packages with automated service delivery, simplified customer support and transparent billing. Since 1996, the MaxBill solution has been helping communications, TV, content, utilities, financial and transportation service providers worldwide succeed in rapidly changing and highly competitive markets. For more information, please visit www.maxbill.com.

About Amigo Solar

Amigo Solar’s combines smart meters, distributed energy resources, modern billing and a powerful consumer portal to unleash a disruptive service that is revolutionizing the way in which consumers buy electricity and relate with their energy provider. Amigo Solar’s digital platform eliminates the financial and technical barriers that have kept small consumers from reaping the benefits of distributed solar generation. Not bound by service area concessions, the company is on a fast track to democratizing the Chilean B2C electricity market. For more information, please visit www.amigosolar.cl.

Is your press and analyst coverage plan working?