Ralph Simone has enjoyed an extensive 30-year career in energy services. After completing his business studies, Ralph started his career as a financial analyst before assuming leadership roles at a prominent utility and an international HVAC services provider. In 2019, Ralph joined Provident where he mentored under its retiring founder before assuming the role of President in 2020. Since then, Provident’s submetering business has doubled in size with over 1 million submetering bills expected to be delivered in 2024.
Ralph likes to keep things simple in his approach to balancing client (developer/landlord/condo corporations) and customer (bill payer) submetering objectives. As a key custodian of client brands, Ralph is a strong proponent of “Resident Town Halls”, during which Provident’s leadership team explains submetering services directly to bill payers while giving them a forum to ask questions. During those forums, Provident’s objective is to communicate its simplest purpose: to allocate bulk utility bills between bill payers and condo corporations/landlords in an accurate and efficient manner, fostering a pay-per-use system that drives energy conservation.
However, current market trends are making it more difficult for submetering providers to keep things simple. These trends include a growth in multi-use properties, increased regulatory oversight, and rising energy costs. During his presentation, Ralph will discuss these market trends, as well as design considerations to help developers and landlords strengthen their relationship with future residents.