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January 27, 2023 2 minute read

U.S. Utilities’ relationship NPS continues to drop amid inflation and the end of favorable pandemic-era policies

221201_rNPS over time across industries-1

Note: LHS of inflation rate bars correspond with quarter where indicated rates began

During the COVID-19 pandemic, US utilities companies with electric and gas services saw an increase in relationship NPS (rNPS) driven in part by shutoff moratoria that prevented homeowners from being disconnected for failure to pay, as well as waiving late fees. However, starting in Q3 2021, rNPS has started to fall due to inflationary prices increases and expiry of shutoff moratoria.

US utilities looking to counteract the broader decline will need to zero in on the most critical customer episodes and deliver for their customers in the moments that matter. As prices rise, consumers expect more from their providers.

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Source: NPS Prism US Utilities Q3 2020-Q3 2022

Tag(s): Utilities