May 17, 2020

ExxonMobil Android App

Android
App
exxon
ExxonMobil
Admin
2 min
ExxonMobil launches an app for Android smartphones that will help drivers locate the company’s gas stations across the U.S.
The ‘ExxonMobil Fuel Finder app is being launched for Android smartphones. The app will provide drivers with real-time maps, driving directions...

 

The ‘ExxonMobil Fuel Finder’ app is being launched for Android smartphones. The app will provide drivers with real-time maps, driving directions, and station information for approximately 10,000 Exxon and Mobil gas stations across the continental United States.

"This new app continues our record of delivering what consumers want and need," says Chris Mahoney, U.S. branded wholesale manager for ExxonMobil Fuels Marketing. "Since the iPhone and iPad version of this app was introduced in November 2010, it's had over 26,000 downloads. Our customers have been very interested in when the same technology would be available for their Androids, and now they can more easily and more efficiently find an Exxon or Mobil station no matter where they are."

Since January 2001, ExxonMobil has offered an online station locator. The Android and iPhone apps are simply an updated mobile version of the program. Using GPS technology and Google maps, ExxonMobil’s app will “steer” drivers in the right direction.

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The app has the ability to filter stations by hours open, fuel types sold, convenience stores, pay at the pump, Speedpass, car wash, etc. It even provides an “Our Gasoline” section, in which ExxonMobil explains why its product is second to none.

It seems odd that an app that only locates one brand of gasoline would become popular. Plus, it’s a fair bet that the 26,000 downloads for iPhone is equal to roughly about the number of U.S.-based ExxonMobil employees with an iPhone. But hey, I suppose there may be those people out there who swear by ExxonMobil gasoline and wouldn’t be caught dead at a Chevron or BP station. And all the people that fall under that category and were upset when they opted for an Android over an iPhone simply because they couldn’t download the app before, well guess what… your day has come.

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Jul 26, 2021

Ofwat allows retailers to raise prices from April

Ofwat
Utilities
water
prices
Dominic Ellis
3 min
Ofwat confirms levels of bad debt costs across the business retail market are exceeding 2% of non-household revenue

Retailers can recover a portion of excess bad debt by temporarily increasing prices from April 2022, according to an Ofwat statement.

The regulator confirmed its view that levels of bad debt costs across the business retail market are exceeding 2% of non-household revenue, thereby allowing "a temporary increase" in the maximum prices. Adjustments to price caps will apply for a minimum of two years to reduce the step changes in price that customers might experience.

Measures introduced since March 2020 to contain the spread of Covid-19 could lead to retailers facing higher levels of customer bad debt. Retailers’ abilities to respond to this are expected to be constrained by Ofwat strengthening protections for non-household customers during Covid-19 and the presence of price caps.  

In April last year, Ofwat committed to provide additional regulatory protection if bad debt costs across the market exceeded 2% of non-household revenue. 

Georgina Mills, Business Retail Market Director at Ofwat said: “These decisions aim to protect the interests of non-household customers in the short and longer term, including from the risk of systemic Retailer failure as the business retail market continues to feel the impacts of COVID-19. By implementing market-wide adjustments to price caps, we aim to minimise any additional costs for customers in the shorter term by promoting efficiency and supporting competition.”  

There are also three areas where Ofwat has not reached definitive conclusions and is seeking further evidence and views from stakeholders:   

  1. Pooling excess bad debt costs – Ofwat proposes that the recovery of excess bad debt costs is pooled across all non-household customers, via a uniform uplift to price caps. 
  2. Keeping open the option of not pursuing a true up – For example if outturn bad debt costs are not materially higher than the 2% threshold. 
  3. Undertaking the true up – If a 'true up' is required, Ofwat has set out how it expects this to work in practice. 

Further consultation on the proposed adjustments to REC price caps can be expected by December.

Anita Dougall, CEO and Founding Partner at Sagacity, said Ofwat’s decision comes hot on the heels of Ofgem’s price cap rise in April.

"While it’s great that regulators are helping the industry deal with bad debt in the wake of the pandemic, raising prices only treats the symptoms. Instead, water companies should head upstream, using customer data to identify and rectify the causes of bad debt, stop it at source and help prevent it from occurring in the first place," she said.

"While recouping costs is a must, water companies shouldn’t just rely on the regulator. Data can help companies segment customers, identify and assist customers that are struggling financially, avoiding penalising the entire customer in tackling the cause of the issue."

United Utilities picks up pipeline award

A race-against-time plumbing job to connect four huge water pipes into the large Haweswater Aqueduct in Cumbria saw United Utilities awarded Utility Project of the Year by Pipeline Industries Guild.

The Hallbank project, near Kendal, was completed within a tight eight-day deadline, in a storm and during the second COVID lockdown last November – and with three hours to spare. Principal construction manager John Dawson said the project helped boost the resilience of water supplies across the North West.

“I think what made us stand out was the scale, the use of future technology and the fact that we were really just one team, working collaboratively for a common goal," he said.

Camus Energy secures $16m funding

Camus Energy, which provides advanced grid management technology, has secured $16 million in a Series A round, led by Park West Asset Management and joined by Congruent VenturesWave Capital and other investors, including an investor-owned utility. Camus will leverage the operating capital to expand its grid management software platform to meet growing demand from utilities across North America.

As local utilities look to save money and increase their use of clean energy by tapping into low-cost and low-carbon local resources, Camus' grid management platform provides connectivity between the utility's operations team, its grid-connected equipment and customer devices.

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