Posts for category "Our Thinking"

Oil prices are plunging. 3 charts explain why it won’t impact power companies or the value of energy efficiency.

  • By Barry Fischer
  • December 18, 2014

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The price of crude oil has plummeted in recent weeks, hitting its lowest point since 2009. Driven by a perfect storm of increased oil supply and weakened oil demand, the price drop has rattled financial markets and provoked uncertainty about where oil prices are headed in 2015.

When oil prices tumble, there are winners and losers. Among the winners are car drivers and airlines, who find it cheaper to fill their fuel tanks. Among the losers are oil-producing companies, who get fewer dollars for every barrel of crude they sell.

What about power companies? It’s tempting to think that utilities, insofar as they are key players in the energy world, might also be adversely affected by convulsions in the oil market. But that would be incorrect.

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$220 billion. That’s how much Canada could save by investing in energy efficiency.

  • By Aaron Tinjum
  • December 17, 2014

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We’ve recently highlighted how energy efficiency investments are paying big dividends across the United States. In states as disparate as Michigan and Georgia, a dollar spent on efficiency programs is delivering four dollars in benefits.

So, what can energy efficiency do for our neighbor to the north, Canada?

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We always knew Opower was the best place to work. With Glassdoor, the rest of the world does, too.

  • By Casey Davis-Van Atta
  • December 10, 2014

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This morning, Opower was recognized as one of America’s Best Places to Work. And we couldn’t be prouder to share the great news.

The award came from Glassdoor, which ranked more than 300,000 companies solely by what their employees have to say about them. Glassdoor’s 6 million employee reviews are totally anonymous, and they cover everything from compensation and benefits to work/life balance and company culture.

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About Our Thinking

Our Thinking is just that: it’s the place to find out what’s going on right now in the Opower universe. We discuss current perspectives, opinions, ideas, achievements, and events in the burgeoning fields of energy information, data analytics, and utility customer engagement.