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From monthly archives: November, 2019

We are pleased to present below all posts archived in 'November, 2019'. If you still can't find what you are looking for, try using the search box.

How LDCs can foster internal control effectiveness and risk awareness

In recent years, a spate of mergers across Canada has allowed Local Distribution Companies (LDC) to cut costs, improve service to local communities and drive operational efficiencies. To unlock the full value of a merger, however, the merging companies need to integrate their processes—and that starts by standardizing their internal controls. Without a streamlined internal controls environment, employees may struggle to understand which processes to follow, which can heighten enterprise risk—especially if key activities fall through the cracks. To mitigate these risks, LDCs may want to begin by automating their controls. In addition to reducing the errors associated with manual processes, automation typically delivers significant efficiencies, including speeding up routine processes while minimizing the unsanctioned workarounds that sometimes lead to fraud. At the same time, it’s important to recognize that this isn’t a “once and done” exercise. To keep pace in a ...

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Overcoming ‘Goldfish’ Attention Spans: For Utilities

According to a recent study done by Nielsen, it was determined that, since 2000, the attention span of humans has dropped from 12 seconds to eight seconds, putting us below the attention span of goldfish! This downward trend presents a new challenge for utilities as they aim to stay relevant and make a lasting impression on their customers – not only do we need to compete for attention in a crowded digital landscape, we need to maintain it. In the energy sector, ideas for interesting content isn’t usually the problem as there are plenty of fascinating trends emerging all the time. So, what’s the answer? How can utilities evolve to produce content that both captures and captivates their audiences? At Hydro Ottawa, we believe the answer is seeking out content mediums that build brand personality, foster two-way engagement, and tell a story. These days, consumers want to know brands are real, human and relatable. This can be achieved through a consistent style and message and through bra ...

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Scams and Fraudulent activities: Local Hydro Utilities Tell Customers What to Watch For and What To DO

Technology is great, it makes our lives easier but sometimes it can also make us vulnerable to individuals who take advantage of the information available to them. Across the province local hydro utilities are warning their customers about scammers who are trying to take advantage and extort money from both residential customers and small businesses. Residential customers and small businesses are receiving calls from people claiming to be their utility. One scam is that customers will get a call and, customers are threatened with service disconnection if they do not make an immediate payment at cryptocurrency machines, typically located inside convenience stores, cafes, or in malls. Cryptocurrency is not an accepted form of payment for local hydro utilities. Customers should not share any account information or attempt payments – they should simply hang up. Individuals posing as representatives of the utility are also contacting customers by phone and threatening to disconnect their power i ...

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