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With global energy theft pegged at approx. $202 billion annually, it’s safe to say that it represents a threat to the economy, national security, and conservation initiatives to name a few. While energy fraud in Canada resides comfortably in the single digits from a percent standpoint, it still represents a significant amount of revenue leakage with costs passed onto the end consumer. A recent Forbes article pegged this loss at approx. $100M and $500M for BC and Ontario respectively.
In this webinar, we’ll explore ways in which Canada’s utilities can accurately identify locations of energy theft and take corrective action. Key take-aways include:
- Learn how to understand and baseline normal customer behavioral patterns across your customer base using the true power and potential of Smart Meter data.
- Understand the telltale patterns of physical theft (i.e. meter bypass), cyber based theft (meter tampering/interference), and non-compliant uses (i.e. grow operations).
- Prioritize and understand the threat alerts, rapidly investigate and triage those alerts, and understand the nature of linkages between alerts.