Energy

Energy has become a commodity
Energy retailers today are facing various challenges that impact profitability.
High competition and low switching costs lead to customers changing providers frequently depending on where they can get the lowest.
At the same time, the ever increasing number of renewable energy sources leads to high volatility and price jumps, threatening retailer margins.
Fortunately, there is a solution: Smart energy solutions can help retailers make use of untapped flexibility assets, increase customer interaction via an app, and improve both retention and profitability.
Balance assets in a volatile market
As more power comes from renewable energy sources that are dependent on weather conditions, the supply is no longer constant and energy prices vary with the availability.
In 2025, electricity prices in Denmark were in minus for a total of 600 hours.
Energy retailers who encourage their customers to use more electricity when supply exceeds demand can capitalize on the low prices, improving their margins and lowering the customers' electricity costs at the same time.
Onics gives you the tool to balance assets in residential homes and optimize consumption based on production, purchase, and flexibility markets.
Monitor electricity production, as well as consumption
A comprehensive energy management solution needs to not only take into account your customers' consumption, but also potential production (e.g. from home solar panels).
Onics' Electricity Meter Interface 2, P1 gives active prosumers live insights into their solar production and their consumption.
Combined with real-time pricing, your customers can see exactly how much they are producing and when storing or drawing from the grid makes most sense.
Turn energy data into customer loyalty
Today's energy customers want to see where their energy goes, understand bills, and cut costs. An electricity bill alone is not enough for the customer to get an overview of their usage, and many retailers are experiencing an increase in customer support calls to understand the bill.
Real time consumption monitoring gives your customers the insights they are not getting from their bills, all in your own app and brand.
And with remote control and automation of appliances, they get the tools to act on this information.
The result are engaged customers, fewer support calls, and improved customer retention.
Want to explore the benefits of smart technology within energy?
Case
Wattn
Wattn's transformation: Leveraging Onics' smart energy solutions for a competitive edge in Norway’s energy market
Wattn is a Norwegian energy company, providing smart and sustainable electricity solutions to customers across Norway.
Norwegian electricity retailers face a series of challenges in an increasingly competitive energy market. With the rise of renewable energy sources, decentralized energy production, and evolving consumer expectations, retailers seek to differentiate themselves while ensuring sustainable growth.
How to get started with an end-to-end smart energy solution
Your smart energy solution with Onics
Short time to market
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Products
Energy management products
Onics provides you with the devices for your energy management solution and enables you to launch an IoT solution with reliable and tested devices in a short time.
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