SOURCE: BTC

BTC

April 13, 2016 12:54 ET

BTC to Provide Prepaid Electricity

Empowered to Manage Power Usage

NASSAU, BAHAMAS--(Marketwired - Apr 13, 2016) - Metered and prepaid electricity will soon become a reality as the Bahamas Telecommunications Company (BTC) has started testing the service in Spanish Wells, Eleuthera. Prepaid metering allows customers to better manage their electricity use and bills via BTC's 4G LTE data network.

BTC CEO Leon Williams said, "With this accomplishment, BTC will become the first Telecommunications Provider in the Caribbean region to leverage its network to provide smart-grid services to the utility industry. BTC's prepaid service eliminates monthly bills, disconnections, and visits to the utility office, while providing the tools necessary to save money on utilities. It's also a step ahead for utility companies who can reduce accounts receivable and transition the management of accounts to the customer."

CEO at St. George's Cay Power Limited, Morris Pinder said, "We have been using the BTC prepaid metering solution for about a month now, and thus far everything is going well. In Spanish Wells we have several business owners that operate rental units and prepaid metering will be beneficial as renters will be responsible for their power usage. I'm certain that it will also be beneficial for persons that may have problems paying for electricity."

Prepaid metering provides an added layer of flexibility for customers. This tech-savvy solution will use BTC's 4G LTE data network, and will allow customers to top up their accounts using their existing mobile wallet, wherever BTC top-up is available, online and via the BTC Call Center. Consumers will have the ability of monitoring their usage using their smart devices. 

The prepaid metering system provides notifications, letting customers know when their balances are low and prompting them to top up again. The system can also be customized to allow customers to also pay down on their existing bills.

Over the next several months, BTC expects to complete its POC and extend the opportunity to local utility providers. Later this year, BTC will also work with a provider to spearhead a prepaid metering concept for water usage.

About BTC
BTC is the national leader in communications services in The Bahamas. The Company offers a full suite of landline, broadband and mobile solutions for residential and enterprise customers.

BTC is the 2015 winner of the globally renowned sales and business development Stevie Awards. The Company captured the Silver Award for the National Sales Executive of the Year and the Bronze Award for Sales Team of the Year.

BTC is also the 2015 winner of the Gold and Silver medals in the regional Association of Directory Publishers (ADP) Awards. BTC won two First Place Gold Medals for 'Excellence in Cover Design & Art - Product Branding' and 'Excellence in Cover Design & Art - Print'. The company captured the Second Place Silver Medal for 'Excellence in Print Directories'.

The Company is also committed to community building and in 2015 alone has been title sponsor of several national initiatives including One Bahamas, The High School Nationals, CARIFTA Swim and Track & Field Teams, IAAF/BTC World Relays and the Bahamas Junkanoo Carnival.