Murray Electric System Prepares to Roll Out Exceleron's MyUsage Prepaid
Online, May 23, 2014 (Newswire.com) - Municipalities, electric cooperatives, and investor-owned utilities across the country are switching to a prepaid model in which consumers pay for electricity before they use it. The prepaid model offers consumers a pay-as-you-go option without any need for traditional monthly bills. Consumers with a prepaid account have access to detailed information about their energy consumption and can choose the amount and frequency of payments, obtaining greater control over their energy consumption and budgeting practices.
MES has partnered with Dallas, Texas-based Exceleron Software, the leading software developer of prepaid solutions for the utility sector. Exceleron's MyUsage software is already managing prepaid accounts for four utility service providers in Kentucky, and more than 80 nationwide.
"We are very pleased to be working with Murray Electric System to extend the benefits of prepaid accounts to additional consumers in Kentucky," said Jeff Severs, COO of Exceleron Software. "We anticipate significant program growth as local residents seize the opportunity to take control of their energy expenditures and consumption."
As a web-based, hosted solution, MyUsage offers full functionality for launching and managing prepaid accounts without any need for the utility to purchase additional hardware or in-home devices. This minimizes the risk and expense of launching a prepaid program, allowing utility service providers to pass the savings on to consumers.
Once an individual opts into a prepaid program, there are no paper bills, no large deposits, no late charges, and no disconnect or reconnect fees. Consumers can access their account balance and usage history via the MyUsage.com web portal, telephone, email, and text messaging, and they can apply additional funds to their prepaid account through a variety of convenient payment options.
For more information about Exceleron Software and MyUsage Prepaid, visit www.exceleron.com.
About Exceleron Software
Exceleron Software is the leading software developer of prepaid account management solutions for the utility industry. The company's flagship product, MyUsage™ Prepaid, is a patented, web-based, hosted solution that allows utility service providers to launch and manage prepaid accounts for consumers. Utilities across the United States are using MyUsage to lower costs, empower consumers, improve customer service, and encourage conservation. To learn more about MyUsage and how prepaid programs are superior to traditional billing systems, call (972) 852-2711 or visit www.exceleron.com.
About Murray Electric System
Murray Electric System is committed to serving customers with competitively priced, reliable electric and telecommunications service. Murray Electric System provides additional services that allow customers to enjoy the full benefits of municipal ownership. For more information, visit www2.murray-ky.net.
For additional information, contact:
Exceleron Software, LLC
Bob Finley
Director of Sales
972.852.2711
bfinley@exceleron.com