& cplSiteName &

Comcast Eyes Electrical Surge

Alan Breznick
1/23/2014
50%
50%

Call it a cable power play. Not content to sell video, broadband, voice, mobile, home security, home automation, and business telecom services to the world, Comcast is exploring the idea of peddling electricity.

Greentech Media reported Wednesday that Comcast Corp. (Nasdaq: CMCSA, CMCSK) is gearing up to sell electrical power in its home state. Robert Powelson, chairman of the Pennsylvania Public Utility Commission, said the Philadelphia MSO is teaming up with a retail electric supplier to offer an electricity product in the fourth quarter.

Speaking to reporters, Powelson did not name the retail supplier. But a spokesman for NRG Energy of Princeton, NJ, later told Philly.com that his company is "working with Comcast on a new initiative."

A Comcast spokeswoman confirmed Thursday in an email, "As you may have read, we are exploring a relationship with a third-party supplier, NRG, to conduct a retail energy trial in Pennsylvania." She did not offer further details.

A successful trial could catapult Comcast into yet another service category. In the last couple of years, the MSO has branched out from its more traditional cable services of video, broadband, and voice by adding wireless, multiscreen video, home security, and home automation to its ever-growing roster of residential offerings. (See Betting on Smart Homes.)

For example, as Greentech Media reported, Comcast could bundle an electricity service with its Xfinity Home automation service. Among other things, Xfinity offers home controls for lighting and heating, making it a good complement for an electricity offering.

Such speculation may be premature, especially if Comcast short circuits the potential trial with NRG. However, with the US pay TV market pretty saturated and the broadband market nearing the saturation point, we shouldn't be surprised if the electricity business lights a fuse for Comcast and other MSOs.

— Alan Breznick, Cable/Video Practice Leader, Light Reading

(11)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Page 1 / 2   >   >>
albreznick
50%
50%
albreznick,
User Rank: Blogger
1/26/2014 | 1:31:49 PM
Re: Why not?
Good points, Mark. The technical capabilities are different. If this develops any further, it will be interesting to see exactly what role Comcast will play and what its business model will be.  
albreznick
50%
50%
albreznick,
User Rank: Blogger
1/26/2014 | 1:29:03 PM
Re: Because cable service never fails ...
True. I did go a bit far there. Guess I'm thinking big, just like Comcast often does. But it is quite a stretch to say that they're looking to become a new Con Ed or PSEG right now. So I take it back.   
MarkC73
50%
50%
MarkC73,
User Rank: Light Sabre
1/24/2014 | 3:01:43 PM
Re: Why not?
Yes but with phone there's technical synergy, the infrastructure and access, sure theres cap ex to to build the service, but there was leaverage too, plus it's scalable meaning they could to it across their foot print.  In any case, no big deal, guess we'll see when/how/if they roll, it's always in the details.
mendyk
50%
50%
mendyk,
User Rank: Light Sabre
1/24/2014 | 12:32:55 PM
Re: Because cable service never fails ...
I'm not speaking from personal experience here -- just an observation about how cable operators show up in satisfaction surveys. But it's more than a stretch to say that what Comcast is rumored to be thinking about is becoming an electric utility. This is more like branding a white-label service and selling it as part of a bundle.
albreznick
50%
50%
albreznick,
User Rank: Blogger
1/24/2014 | 12:32:47 PM
Re: Why not?
Very interesting. I don't know yet if Comcast is just dabbling or really serious about this idea. And it's hard to imagine them entering another regulatory minefield like this. But, as Dan points out below, Comcast has done this sort of thing before, particularly in the heavily regulated phone business. So who knows?  
albreznick
50%
50%
albreznick,
User Rank: Blogger
1/24/2014 | 12:29:56 PM
Re: Because cable service never fails ...
Spoken like a tried-and-true Comcast subscriber. Guess you don't want them as your electric utility any time soon, eh?
GregW333
50%
50%
GregW333,
User Rank: Lightning
1/24/2014 | 9:53:58 AM
Re: Why not?
In the longer term, I think this is more strategically aligned than NBC.  Worldwide network operators are, or have, shed media assets.  

One of the many interesting issues to watch is the regulatory area. FCC vs. DOE, State vs. Federal...yikes.  If Comcast is serious about this, they should run like hell and worry about the regulators in 5 years when they figure out what's going on.  They did this very successfully with broadband.  

I actually think this makes sense in the long term.  

Greg W. 
KBode
100%
0%
KBode,
User Rank: Light Sabre
1/24/2014 | 9:41:50 AM
Re: Why not?
No I think you've got it...ie this is a cute one off exploration of a concept that won't likely move beyond this trial given the complicated state by state utility regulations Comcast won't want to have absolutely anything to do with. Imagine though...the biggest cable provider, largest TV provider, third largest phone company, and massive NBC empire also providing electricity? Amazing (maybe terrifying) but unlikely.
mendyk
50%
50%
mendyk,
User Rank: Light Sabre
1/24/2014 | 9:35:08 AM
Because cable service never fails ...
Kind of a ballsy play by Comcast, given the fact that the cable industry's reputation for reliability and customer service remains a bit ... challenged. Then again, Comcast won't be involved in actually delivering electricity.
MarkC73
50%
50%
MarkC73,
User Rank: Light Sabre
1/23/2014 | 11:48:32 PM
Re: Why not?
Interesting, but where's the technical synergy, and I'm wondering about the margins and such.  A partnership is one thing, but for a game changing product, I'm thinking it has to be scalable as well as leveraging something that's already there.  Maybe I'm missing something.
Page 1 / 2   >   >>
Educational Resources
sponsor supplied content
Educational Resources Archive
From The Founder
Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators.
Flash Poll
Live Streaming Video
Charting the CSP's Future
Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
LRTV Documentaries
YouTube Takes on Facebook Live-Streaming

2|17|17   |     |   (0) comments


Popular 'YouTubers' will be the first to get the new service on their smartphones. You have been warned.
LRTV Custom TV
Open Source NFV/SDN Automation

2|17|17   |   05:54   |   (0) comments


AT&T ECOMP (Enhanced Control, Orchestration, Management and Policy) code is transitioning into the Linux Foundation for placement into open source. In this video, Carol Wilson provides an update on the maturation of open source ECOMP and meets with industry leaders from AT&T, Bell Canada, Orange, Linux Foundation and Amdocs to discuss what this means for the ...
LRTV Documentaries
Uber & NASA Collaborate on Flying Car Project

2|16|17   |     |   (0) comments


Is Uber for real? Well, it's hired NASA engineer Mark Moore to lead the project, and he wouldn't come cheap.
LRTV Documentaries
Zuckerberg Tries Out the Oculus Rift VR Glove

2|15|17   |     |   (0) comments


Facebook CEO shows off a new way to interact with the Oculus Rift virtual reality headset: an Oculus glove.
LRTV Custom TV
Huawei Digital Transformation Forum 2017

2|10|17   |     |   (0) comments


Here's a preview of the upcoming Huawei Digital Transformation Forum taking place in Barcelona with trending telecom topics like cloud, IoT, 5G and much more!
Telecom Innovators Video Showcase
Dan Sahar of Qwilt on Open Edge Cloud Platform

2|8|17   |   08:38   |   (0) comments


Dan Sahar, Qwilt's co-founder, sits down with Steve Saunders of Light Reading for a conversation about Qwilt's Open Edge Cloud platform and the new role of service providers in application and content delivery.
LRTV Documentaries
ZeroStack's 'Self-Driving Cloud'

2|7|17   |   01:09   |   (0) comments


Its Z-Brain tech automates day-to-day management and long-term planning for hybrid clouds.
Telecom Innovators Video Showcase
Nominum's Craig Sprosts on DNS & Cybersecurity Trends

2|7|17   |     |   (0) comments


Nominum's Craig Sprosts talks about the fast-changing landscape of cybersecurity with Steve Saunders of Light Reading. Sprosts touches on the trend of the rise of ransomwares, rivals of IoT base attacks, and mobile network security. He also discusses the realization of the importance of IoT security after a recent cyber attack that paralyzed several major ...
LRTV Documentaries
China Moves Towards Mixed Ownership of Telcos

2|1|17   |   01:10   |   (0) comments


Chinese authorities are promoting new ownership models in order to raise capital.
Shades of Ray
What to Expect at MWC 2017

1|31|17   |     |   (0) comments


5G is set to dominate as the key buzz term at this year's Mobile World Congress but there are other pressing 4G matters to address.
Telecom Innovators Video Showcase
Versa: A Lot More Than SD-WAN

1|31|17   |     |   (0) comments


Kelly Ahuja, the new CEO of Versa Networks, speaks with Steve Saunders of Light Reading about how Versa offers much more than just SD-WAN, and its plan to grow market adoption in 2017.
LRTV Documentaries
Facebook Gets Physical With Its Security Strategy

1|31|17   |   00:48   |   (0) comments


Facebook has introduced new measures that will enable users to secure access to their accounts using a physical 'key' application.
Upcoming Live Events
March 21-22, 2017, The Curtis Hotel, Denver, CO
March 22, 2017, The Curtis Hotel, Denver, CO
March 22, 2017, The Curtis Hotel, Denver, CO
May 15-17, 2017, Austin Convention Center, Austin, TX
May 15, 2017, Austin Convention Center - Austin, TX
June 6, 2017, The Joule Hotel, Dallas, TX
All Upcoming Live Events
Infographics
With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
Hot Topics
T-Mobile CEO: M&A Coming but Not Quite Yet
Dan Jones, Mobile Editor, 2/14/2017
Is the Time Right for a Cisco/Ericsson Wedding?
Ray Le Maistre, Editor-in-chief, 2/17/2017
Nice to See at Least One CSP Taking My Advice
Mitch Wagner, Editor, Enterprise Cloud, 2/17/2017
Time to Invest in Virtual Reality?
P. Tracy Currie, CEO and Co-Founder, Capto Consulting, 2/13/2017
Charter Launches 5G Field Trials
Mari Silbey, Senior Editor, Cable/Video, 2/16/2017
Like Us on Facebook
Twitter Feed
BETWEEN THE CEOs - Executive Interviews
Light Reading founder and CEO Steve Saunders chats with Sportlogiq CEO Craig Buntin about sports data analysis.
Eyal Waldman, CEO of Mellanox Technologies, speaks to Steve Saunders, CEO of Light Reading, for an exclusive interview about the 100 GB cable challenge, cybersecurity and much more.
Animals with Phones
Live Digital Audio

Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. We’ll cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.