Jade Software has inked a seven-year, $4.5 million gig with the Electricity Authority to continue developing and managing its consumer switching registry.
The registry's job is to facilitate consumer switching, support negotiations between traders, provide electricity industry statistics, and be a secure conduit for the transfer of data between retailers, distributors, and metering equipment providers.
Originally developed and currently managed by Jade, it is a web-based application that holds the identification numbers of domestic and commercial electricity connection points in New Zealand.
The Authority issued an tender for registry manager services to ensure the registry continues to be flexible and scalable in the rapidly changing electricity market.
"Jade’s ability to execute in a timely and cost-effective manner, as well as delivering value for money, made them an excellent partner of choice," Electricity Authority chief executive Carl Hansen said.
Critical to the win was Jade’s ability to maintain a deep understanding of the electricity industry and its participants, and translate this into a reliable, robust and secure service.
Jade originally developed the platform in 1998.
Ana Sever, Jade’s director of sales, said since then the company has managed multiple transitions, each time using the latest technologies to deliver capabilities that better support the changing requirements of the industry.
"Together, we will ensure that consumers of electricity in New Zealand get the fairest deal possible, and the Authority realise their goal of enhancing the operation of the entire electricity industry."