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Frank Carnevale

Founder & Managing Director EnerStream Ventures Inc.

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With over 20 years of experience in launching and managing several b2b businesses, I originated over $2.5 billion in unique transactions involving electric utilities, municipalities and...

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Oct 27, 2020 10:45 am GMTOct 26, 2020 10:04 pm GMT
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You’ll Never Guess The Only Way Electric Utilities Can Survive

If regulated electric utilities are going to survive, they need to do very specific things.

Source: thegreenstreet.ca

If utilities don't change business model, processes, CIS, to become a Trusted Advisor to customers, they will fail or be pushed to actually become a low-cost ubiquitous distrbutor, of which they aren't eve at today. It's complicated, but there is only one way.

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Matt Chester on Oct 27, 2020

Change isn’t easy, and pulling the energy industry through this energy transformation is more like pushing rope, but if it doesn’t change quickly enough, then customers will have their needs met by others. Period.

Couldn't agree more with this. Traditionally, the utility industry has been more stagnant and resistant to change-- are you seeing glimmers of hope from leaders that that paradigm is finally shifting, Frank?

Thank Frank for the Post!

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