Xcel Energy to Provide Personalized Energy Services to Customers Using Oracle Platform
Rhea-AI Summary
Xcel Energy selected the AI-enabled Oracle Opower customer engagement platform to deliver personalized energy-use insights, savings tips, and program recommendations to its customers, supporting customer experience and grid resiliency.
Key disclosed figures: Opower programs are used at more than 100 utilities and have saved over 38 TWh of energy; Xcel serves 3.9 million electric and 2.2 million natural gas customers across eight states.
The platform will provide comparative home usage reports, behavioral demand-response messages for peak reduction, connected customer journeys across digital channels, and AI-driven real-time analytics for program performance and compliance.
Positive
- Reach: Covers Xcel's 3.9M electric and 2.2M gas customers
- Proven scale: Opower used at >100 utilities
- Energy impact: Opower programs have saved >38 TWh
- Operational insight: AI-driven real-time analytics for program managers and executives
- Grid benefit: Behavioral demand-response supports peak reduction and infrastructure deferment
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
Peer moves were mixed, with names like PLTR (+1.6%) and NTAP (+1.72%) up while MSFT (-1.18%) and PANW (-0.77%) were down, suggesting this Oracle customer-engagement announcement was more stock-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 10 | Quarterly earnings | Positive | +0.7% | Strong Q2 fiscal 2026 revenue, cloud growth, and EPS expansion. |
| Dec 02 | Earnings scheduling | Neutral | +0.1% | Announcement of Q2 earnings release date and investor call details. |
| Nov 20 | Board appointment | Neutral | -6.6% | Election of Stephen Rusckowski to Board and governance updates. |
| Nov 20 | Health IT milestone | Positive | -6.6% | Oracle Health gaining TEFCA QHIN designation for interoperability. |
| Nov 19 | AI industry award | Positive | +2.3% | Named Overall Winner in Chartis RiskTech AI 50 2025 report. |
Recent news often aligned with price reactions, though a positive interoperability milestone on Nov 20 saw a notable negative move, indicating occasional divergence on operational wins.
Over the last month, Oracle reported strong fiscal 2026 Q2 results on Dec 10 with the stock rising about 0.67%, and a prior earnings date announcement on Dec 2 saw a modest positive reaction. Governance and interoperability updates around Nov 20 coincided with a roughly 6.58% decline, while AI recognition on Nov 19 aligned with a positive move of about 2.29%. Today’s customer-focused AI/Opower news fits into this pattern of cloud- and data-driven growth themes.
Market Pulse Summary
This announcement highlights Oracle’s AI-enabled Opower platform being selected by Xcel Energy to deliver personalized energy insights to millions of customers and support grid resiliency, building on more than 38 TWh of energy savings at over 100 utilities. In context of recent strong earnings and AI recognition, it reinforces Oracle’s data and cloud strategy. Investors may watch for further large-utility wins, measurable program outcomes, and how such deployments support longer-term cloud and analytics growth.
Key Terms
behavioral demand response technical
peak reduction programs technical
connected energy insights technical
real-time analytics technical
cloud-based dashboards technical
AI-generated analysis. Not financial advice.
Energy provider taps the AI-powered Oracle Opower Platform to provide personalized energy usage insights to millions of customers and give them tips on how to save
"As utilities transform to meet growing expectations for clean, reliable, and affordable energy, customer engagement is essential," said Matt O'Keefe, group vice president of Oracle Utilities. "Together with Xcel Energy, we're delivering innovative, AI-driven solutions that empower customers with personalized insights while providing regulators and policymakers with the measurable outcomes they expect. This collaboration demonstrates how technology and customer experience can accelerate the clean energy transition."
Xcel Energy is committed to delivering safe, reliable energy while keeping bills low for its 3.9 million electric customers and 2.2 million natural gas customers across the eight states it serves. The company will use Oracle's platform to show customers how their energy use compares with similar homes, provide energy savings tips, and give personalized recommendations about energy programs that can help customers save money on their bills.
"As we build out our grid to meet the growing energy demand across the states we serve, we're focused on continuing to make energy work better for our customers," said Emmett Romine, vice president, Customer Energy and Transportation Solutions at Xcel Energy. "By providing customers with personalized insights about their energy use, we're empowering them with options to reduce or shift their usage and potentially save money on their energy bills."
Empowering a better energy future
The Opower platform powers dozens of products and services to help energy providers give customers insight and choices about their energy use, provide efficient service, and create a satisfying experience. Oracle's advanced, AI-driven data analytics insights enable seamless integration across utilities' digital channels, helping to ensure customers receive consistent guidance whether online, on mobile, or through email.
Components of the Opower platform include:
- Customer engagement and energy efficiency: Opower Home Energy Reports deliver personalized, data-driven, energy insights, giving customers clear, actionable guidance about their energy usage, where savings opportunities exist, and nudges to take advantage of other customer programs.
- Behavioral demand response: Scalable, equitable, peak reduction programs that will use well-timed, personalized messages to encourage customers to lower or shift their energy usage during periods of high demand, avoiding costly capacity and keeping the grid more reliable. The addition of this flexible peak reduction resource contributes to deferment of costly infrastructure investments, enhanced grid stability, and long-term energy affordability.
- Connected energy insights: Through personalized energy insights, utilities can create a seamless customer journey—from regular reports to event driven alerts—that empowers customers to save money, manage peak demand, and support the clean energy transition, all within one unified experience.
- Real-time analytics: AI-driven, cloud-based dashboards show program performance, customer segmentation, and grid impacts, supporting data-driven decision-making and compliance reporting. Visualizations and insights will be accessible to both program managers and executives—not just data scientists—extending value across the organization.
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
Trademarks
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SOURCE Oracle