WHAT IS THE SPECIFIC PROBLEM YOU ARE ADDRESSING?
Voltz is established to meet the needs for the growing demand for competitive electricity pricing and customer experience, anticipating the launch of the liberalisation of the Singapore energy market. As Singapore is about to embrace various options to purchase electricity price plans customized to households and organisational demands, it is essential to have a dynamic and streamlined platform for comprehensive decision making.
WHAT IS YOUR OFFERING AND HOW DOES IT TRANSFORM/DISКUPT THE ENERGY SECTOR?
The essential strategy of Voltz is to combine the elements of retailer-consumer interaction on a transparent platform, providing solution generating functions and customised value-added services for all our users. Voltz has created a dynamic marketplace through unbiased content management for the consumer to make the right decisions suited for their specific electricity requirements. Our mission is to achieve electricity price transparency and to empower users to take maximum advantage of the competition that now exists with an open electricity market.
WHAT IS THE UNDERLYING TECHNOLOGY THAT YOU ARE USING?
Voltz will be the first electricity comparison portal in Singapore that will benefit consumers with the option to put their requirements on auction for retailers to offer their best bid. Starting an auction will further encourage competition amongst electricity retailers, ultimately lowering prices for our users. Customers may find better rates as retailers compete to offer their best bids in real-time. The only way to find the best possible price plan is to start an auction.
WHAT ARE THE PARTNERSHIPS THAT YOU ARE SEEKING?
Voltz aims to partner with businesses and investors who believe in our mission in bringing customers a one-stop solution platform to meet their electricity requirements. As Voltz aims to expand the application of our unique auction feature to other industries, we are seeking partnerships which will merge solution generating ideas to further augment the Voltz platform. This partnership will also be an opportunity for our partners to tap on our extensive database of potential customers, allowing our partners to widen their reach.