Energy Theft Identification through Consumption Pattern Analysis
Non-technical losses (NTL) have always been a significant and growing financial concern for electricity distribution companies. Electricity Theft is one of the major contributors to NTL and adversely impacts the profitability of utilities. At Bidgely we define electricity theft anomaly given user consumption data for the current year and further elucidate a framework using unsupervised algorithms to determine their likelihood of engaging in theft. Watch this video overview to learn more.