CLIENT SUCCESS STORY

Retail Energy Pricing Data Extraction and Support for a Consulting Firm, Achieving a 40% Cost Reduction

THE CLIENT

An Energy Sector Management Consulting Firm

Our client, located in the United States, specializes in providing strategic and operational excellence to businesses. It collaborates with energy companies to address complex industry challenges, foster innovation, and drive sustainable growth

With the aim of remaining competitive in a rapidly evolving market, XYZ Logistics needed a scalable solution to address these operational challenges and deliver faster, more reliable services to their clients.

PROJECT REQUIREMENTS

Data Collection and Data Management Support

Retail energy pricing (REP) refers to the cost consumers pay for electricity, gas, and other energy sources. It plays a critical role in energy policy and sustainability initiatives. The client operated a REP feed that allowed end-users to analyze real-time market activity within the energy sector. To support this feed, they required detailed data on provider-specific and region-specific prices and terms for natural gas and electricity plans across the United States.

Our team was tasked with:

  • Reviewing the websites of energy companies from a client-provided list
  • Manually extracting necessary data, such as rates and terms for natural gas and electricity plans
  • Using ZIP codes to ensure the data was region-specific, capturing local variations in pricing and terms
  • Conducting weekly data collection to keep the information up to date with any rate or term changes
  • Standardizing data entry for easy analysis and comparison
  • Ensuring 100% accuracy through meticulous data validation

PROJECT CHALLENGES

Anti-Scraping Protections, Website Variability, and Handling Large Data Volumes

The client faced difficulties with their automated data collection efforts. The varying structures, layouts, and navigation of target websites made it challenging to create a standardized, automated scraping script. Many sites used dynamic content loading and anti-scraping measures, such as CAPTCHAs and IP blocking, which further hindered data accuracy. Additionally, the client struggled with managing and organizing large volumes of data from multiple providers and regions, making it difficult to ensure the data was structured and accessible for analysis.

We recommended a fully manual website data extraction approach, which improved data accuracy and relevance, effectively meeting the client’s needs.

A Tailored Approach to Data Collection and Management

Our team of three began the manual data extraction process. The subject matter experts assigned to the project took over where the client’s scripts fell short, performing the extraction manually. Utilizing website sources and ZIP codes, we efficiently searched for and updated key data points, including offer rates, renewable percentages, early termination fees, price comparisons, and monthly fees.

 

 

Project Outcome

project outcome
No data discrepancies were reported in client audits over a 12-month period
project outcome
By addressing gaps in automated data extraction, we reduced the client's overhead costs by 40%
project outcome
Managed all provider websites and ZIP codes specified by the client, ensuring 100% on-time data delivery
project outcome
Effectively extracted required data from websites with strong anti-scraping defenses