How Energy Providers Can Use CDR to Innovate Beyond Compliance

Australia’s Consumer Data Right (CDR) isn’t just for banking — it’s transforming the energy sector too. By enabling consumers to securely share their energy usage data with accredited third parties, CDR is opening the door to smarter pricing, better efficiency, and new business models.

For energy retailers, fintechs, and tech innovators, this shift presents huge opportunities to create new products, improve customer experience, and drive sustainability. Here are some of the most exciting use cases emerging under CDR for energy.

1. Real-Time Energy Switching & Automated Plan Optimisation

Many Australians overpay for electricity because switching providers is confusing and time-consuming. With CDR, energy comparison services can automate the entire process, ensuring consumers are always on the best plan.

How it works:

• A consumer consents to sharing their energy usage data.
• A smart platform analyses historical usage and finds cheaper or greener energy plans in real time.
• The platform automatically switches the consumer to a better plan without paperwork or hassle.

Why It Matters: This removes friction in the energy market, encouraging true competition and price transparency.

2. Personalised Energy Efficiency Recommendations

CDR allows businesses to access detailed household or business energy consumption patterns, leading to AI-powered efficiency recommendations tailored to individual users.

How it works:

• A home energy app analyses real-time data from a user’s smart meter.
• AI detects high-energy appliances or inefficient usage habits.
• The app provides personalised suggestions, such as using appliances at off-peak times or upgrading to energy-efficient devices.

Why It Matters: Consumers can save on energy bills while reducing their carbon footprint with minimal effort.

3. Pay-As-You-Go & Smart Budgeting for Energy Bills

For many households, unexpectedly high energy bills can cause financial stress. CDR enables a pay-as-you-go model that smooths out energy costs and helps consumers stay in control of their spending.

How it works:

• Consumers share real-time energy usage data with a budgeting app.
• The app calculates a daily or weekly energy spend target based on usage patterns.
• It automatically adjusts payments throughout the billing cycle, preventing bill shock.

Why It Matters: Flexible payment models create a fairer, more manageable billing system for consumers.

4. Embedded Energy Payments & Fintech Partnerships

Energy retailers can partner with fintechs to embed energy payments into digital wallets, neobanks, and budgeting apps—allowing customers to manage and pay for energy seamlessly within their banking app.

How it works:

• A consumer links their energy provider to their bank or fintech app via CDR.
• The app tracks real-time energy usage and suggests auto-pay options based on available balance.
• Some providers may even offer rewards for pre-paying energy bills when surplus funds are available.

Why It Matters: This creates a frictionless experience, improving bill management and reducing late payments.

5. Dynamic Pricing & Green Energy Incentives

With access to real-time usage data, energy retailers can offer dynamic pricing models that reward customers for using electricity at off-peak times or consuming more renewable energy.

How it works:

• A customer opts into a green energy rewards program.
• Their smart meter tracks when they use power from renewable sources.
• The customer earns discounts or carbon credits based on their eco-friendly energy consumption.

Why It Matters: This helps consumers reduce costs while supporting the transition to sustainable energy.

The Future of CDR in Energy

As Australia’s CDR ecosystem matures, more innovative use cases will emerge—from EV charging optimisation to AI-driven energy trading. Energy retailers, fintechs, and tech companies that embrace CDR early will be best positioned to lead this transformation.

Ready to innovate with CDR? Fiskil provides secure, scalable API solutions to help energy providers and fintechs unlock the full potential of consumer energy data. Let’s talk.