Welcome
RKS Research & Consulting is a
national leader in marketing research and opinion polling. Since 1974, we have
helped clients achieve strategic business advantage through sampling customer
opinions, quantifying trends, analyzing implications, and delivering actionable
findings. Our research and modeling methods help clients set meaningful
measures for communications effectiveness, customer satisfaction, product and
service enhancements, brand positioning and corporate image among others.
Below we spell out some exciting
projects that we are providing to our clients now. Please call Ray Tricarico (845-228-8482) or e
mail him (rtricarico@rksresearch.com) for more information.
STATE UTILITY REGULATORS
Fall of 2009 marks the sixth time
since 1995 that RKS Research has conducted its SURVEY OF STATE UTILITY REGULATORS.
The 2009 edition is better than ever:
- 107
telephone interviews with State utility regulators (97 with commissioners)
- Covers
52 separate jurisdictions
- Covers
both electric and natural gas
utility issues
- Trends
results against most recent (2007) Regulator Survey
A sampling of key results flowing out of the 2009 survey:
- On energy efficiency’s impact on the jurisdiction’s load
profile:
- Few Regulators believe EE
has had a major impact to date;
- Opinions divide on how
much of the market value of savings from energy efficiency initiatives State Regulators are
willing to allow into rates
- On public awareness of
costs associated with pending federal and individual state initiatives on climate change and energy efficiency, regulators are clearly concerned:
- Most believe the public
is uninformed
- They worry about sticker
shock
- They strongly believe
utilities, among others must take a leadership role in educating the
public about what is coming
- On setting rates, most regulators
acknowledge a need to develop new rate-making methodologies:
- Experience with
decoupling is divided
- Disappointment prevails
among those permitting decoupling
- On the next generating plant:
- Regulators express
definite preferences on the types of generation they encourage within
their jurisdictions and the types they
discourage
- On volatile conditions in credit and capital markets:
- Regulators are divided
about whether current conditions will continue, or whether conditions
will go back to being more predictable as in the past
- On recovering costs for specific capital investments such
as smart grid and other
public policy initiatives:
- Regulator opinions divide
between relying on tracker/surcharges and the next general rate case
Questions cover a variety of other subjects including permitting long-term supply contracts
and hedging, renewable
portfolio standards and reducing
carbon footprint .
SMART GRID/SMART METER
Many
utilities are exploring and deciding to invest in smart grid/smart meter
technology.
For most
of these utilities, the hardware or equipment acquisition decision takes the
most time and attention.
But it
is axiomatic that the success of a utility’s Smart Grid/Smart Meter system will
depend upon the effective melding of several different parts including
1.
Equipment
selection and installation,
2.
Employee
training and
3.
Customer
outreach.
Effective
customer outreach is absolutely critical to the success of any utility’s Smart
Grid/Smart Meter program because it will focus on the customer – attracting and
incenting customers to participate. If
customers do not participate, then the program will never reach success.
An
essential ingredient in customer outreach is customer research to learn what messages and/or incentives are
needed to 1) attract customers to
participate in the first place and 2) to retain them in the program.
The
research necessary to support effective customer outreach has two components:
- Benchmark phase
- Ongoing tracking
The
goal of the benchmark phase is
- To obtain solid, statistically reliable
information across all customer groups that will materially help any
utility in:
- Developing effective
communications that will attract customers to participate in smart grid
programs
- Setting realistic
goals regarding customer participation and retention levels for the
program
RKS has
had a great deal of experience in working with clients that are establishing
smart grid/smart meter programs to help clients obtain the most out of their
investments.
A NEW, EMERGING ISSUE-- WATER
As attention focuses on the nation’s
infrastructure, water—its sources, quality, regulation, price and supply—is fast
becoming a critical issue.
RKS is a pioneer in conducting
customer surveys on behalf of municipal and regional water systems, privately
owned suppliers, and state associations. Beginning with a news-making
statewide assessment of customer perceptions nearly 10 years ago, we have
developed competencies and proprietary methodologies for measuring the
perceptions and preferences of residential and business users of water.
In 2007,RKS completed a benchmark
survey of households served by water providers in the nation’s 10 largest
cities—more than 2,000 separate responses. Results from these studies
helped individual water systems benchmark performance and customer metrics
against the Top Ten suppliers while establishing a foundation of actionable
data for management planning and decision-making.
In Fall, 2009 RKS is conducting a
follow-up survey of households and business users in the nation’s
largest water markets. This effort represents the first time, that a separate
survey will probe satisfaction and concerns among a significant sample of
business users of water. Participation in both projects is open to all
metropolitan water systems, regardless of size or service area population.
Sponsors will be able to measure customer satisfaction and critical dimensions
of system performance against peer organizations