PowerCore Goes Live in the Northeast Settling Complex Transmission Invoices for Market Participants
Glendora, California – One of the largest investor-owned utilities in the United States and the largest transmission system owner/operator in New England (“Client”), has chosen the PowerCore™ software platform to streamline its end-to-end transmission billing and invoicing processes.
PowerCore is the mission-critical, bid-to-bill software platform from Power Settlements (a Yes Energy company). The Client selected PowerCore’s TransmissionCore module following a competitive, rigorous bidding process involving several leading energy industry software providers. PowerCore emerged as the Client’s choice by offering the most comprehensive, best-of-breed solution at the lowest total cost of ownership.
The Client and Power Settlements deployed PowerCore on its state-of-the-art hosted infrastructure on time and on budget, enabling the generation of transmission invoices in a more efficient, accurate, and timely manner. Further, the advanced functionality and processing speed of PowerCore now frees up valuable resources and time that the Client can redirect toward other crucial enterprise initiatives.
Jason Hebert, Senior VP of Power Settlements noted,
“Power Settlements is well known for providing complex settlement solutions for large investor-owned utilities, municipalities, and cooperatives in the West, and we are very excited to demonstrate its capabilities as we expand to markets in the East.”
This project is another compelling testament to the capabilities of PowerCore and the deep subject matter expertise of the Power Settlements team who have developed PowerCore to save ISO/RTO and bilateral market participants scarce staff and budgetary resources while offering them easy scalability for future growth in a rapidly evolving energy landscape.