Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Jade Software Delivers Gas Industry Registry

 

Jade Software Delivers New Zealand Gas Industry Registry

Christchurch, New Zealand, March 19, 2009 - Specialist technology services company Jade Software has created the New Zealand gas industry’s first customer registry and account reconciliation system.

The Gas Registry, developed on behalf of Wellington-based industry body Gas Industry Company (GIC), went live on 1 March. It establishes a central repository of data relating to all gas connections, including retailers, distributors and meter owners.  Designed to improve consumer choice by reducing barriers to switching suppliers, the Gas Registry also provides certainty for market participants during change-over, including reconciling gas accounts between retailers.

Switching, where a customer changes from one retailer to another, previously relied on an improvised industry-based arrangement. This, however, lacked enforceable timeframes. With the combination of the new Gas (Switching Arrangements) Rules 2008, which were approved and came into full effect in March 2008, and the automation that the new Gas Registry provides, GIC expects that the process of switching retailers will be now achieved more efficiently.  

Gas Industry Co Chief Executive Christine Southey says: ‘We are delighted that the Gas Registry is now live. Delivered on time and within budget, it further enhances efficiency in the New Zealand gas market.

“The Gas Registry provides choice for consumers and greater certainty for gas suppliers during the switching process. Its development involved a collaborative effort between GIC, Jade and the industry to ensure the functionality supported market participants’ business processes. The result is a high-performance system that is easy to use, cost-effective to operate, and that provides valuable data for the whole industry.”

Pre-Gas Registry switches were estimated by the industry at 1000 a month. Since 1 March, more than 5000 switch requests have been received, a significant portion of which were held back from mid-February, and Gas Industry Co expects average monthly figures of 3000. 

Gavin Mitchell, Head of Sales, Marketing and Channels at Jade Software says: “Jade has an extensive track record in designing and building registries, from whole industries such as gas and electricity, to customer and student databases for airlines and universities. The Gas Registry is the latest example of Jade’s powerful database technology being applied to manage complex data requirements while meeting unique industry characteristics.” 

There are currently about 250,000 installation control points (ICPs) representing dedicated customer connections across New Zealand’s gas network. Gas Industry Co owns the information, and Jade will   host and manage the web-enabled registry under contract for five years.

-Ends-

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Industry Report: Growing Interactive Sector Wants Screen Grants

Introducing a coordinated plan that invests in emerging talent and allows interactive media to access existing screen industry programmes would create hundreds of hi-tech and creative industry jobs. More>>

ALSO:

Ground Rules: Government Moves To Protect Best Growing Land

“Continuing to grow food in the volumes and quality we have come to expect depends on the availability of land and the quality of the soil. Once productive land is built on, we can’t use it for food production, which is why we need to act now.” More>>

ALSO:

Royal Society: Calls For Overhaul Of Gene-Technology Regulations

An expert panel considering the implications of new technologies that allow much more controlled and precise ‘editing’ of genes, has concluded it’s time for an overhaul of the regulations and that there’s an urgent need for wide discussion and debate about gene editing... More>>

ALSO:

Retail: Card Spending Dips In July

Seasonally-adjusted electronic card spending dipped in July by 0.1 percent after being flat in June, according to Stats NZ. Economists had expected a 0.5 percent lift, according to the median in a Bloomberg poll. More>>

ALSO:

Product Stewardship: Govt Takes More Action To Reduce Waste

The Government is proposing a new way to deal with environmentally harmful products before they become waste, including plastic packing and bottles, as part of a wider plan to reduce the amount of rubbish ending up in landfills. More>>

ALSO:

Earnings Update: Fonterra Sees Up To $675m Loss On Writedowns

“While the Co-op’s FY19 underlying earnings range is within the current guidance of 10-15 cents per share, when you take into consideration these likely write-downs, we expect to make a reported loss of $590-675 million this year, which is a 37 to 42 cent loss per share." More>>

ALSO: