CheckFree and Nevada Power Company Sign Agreement for Web-based
Electronic Billing and Payment; Service Will Allow Nevada Power
Company's Customers to Receive and Pay Bills with the Touch of a
Button
ATLANTA, March 1 /PRNewswire/ -- CheckFree (Nasdaq: CKFR) and Las Vegas-
based Nevada Power Company (NYSE: NVP) today announced that Internet-based
electronic billing and payment will soon be available for Nevada Power
Company's more than 550,000 electricity and energy services customers.
By using CheckFree's E-Bill(sm) service, Nevada Power Company customers
will be able to receive full-color electric bills at no charge -- complete
with graphics, logos and full billing detail -- through the World Wide Web.
Once they have enrolled at mybills.com, Nevada Power Company
customers will be able to view and pay their electric bills with the touch of
a button. Customers can also access their account information through Nevada
Power Company's Web site at nevadapower.com. Nevada Power Company
plans to make CheckFree E-Bill available to customers in its southern Nevada
service area in June of 1999.
Nevada Power Company customers will also have access to their bills via
CheckFree's growing list of active distribution points. These include:
-- First Union at mybills.com
-- Intuit's Quicken 98/99 software
-- Charles Schwab at mybills.com
-- Morgan Stanley Dean Witter at dwdean.com
-- Prudential Securities at mybills.com
Future Web site launches for CheckFree E-Bill include Bank One and PNC
Bank.
"It's important to give customers convenient options when it comes to
receiving and paying their bill," said Michael Niggli, Nevada Power Company
president and chief operating officer. "As the fastest growing electric
utility in the nation, Nevada Power Company continues to add services that we
feel provide the most benefit to our customers. We are pleased to offer
CheckFree E-Bill to our customers as a helpful, bill-paying alternative."
Matt Lewis, Senior Vice President of Electronic Commerce Product
Management and Marketing for CheckFree, said, "Nevada Power Company, like
other industry leaders, recognizes the cost-savings associated with presenting
bills electronically. Add to that the one-to-one customer communications that
the Internet provides, and you have a win-win scenario for both the biller and
the consumer."
While PC-based bill payment is not new, receiving and paying bills
electronically through the Web has only recently been made possible using
CheckFree E-Bill. Since launching the nation's first fully integrated,
market-proven electronic billing and payment solution in 1997, CheckFree has
signed multi-year contracts with more than 40 of the nation's larger billers,
including: Ameren (Union Electric), American Electric Power, AT&T, Avista
Utilities (Washington Water Power), BellSouth, Boston Edison, Chase Credit
Card, Chase Mortgage, Columbia Gas of Ohio, Consumers' Energy, Countrywide
Mortgage, CUNA Mutual Group, Florida Power & Light, GPU Energy, GTE, HomeSide
Lending, Illinois Power, International Billing Services (IBS), MCI WorldCom,
Northeast Utilities, Northern Illinois Gas, Portland General Electric, Public
Service Company of New Mexico, Small Business Administration, Southern
California Edison, Southern Company and Total System Services Inc. (TSYS).
About Nevada Power Company
Nevada Power Company provides electricity and energy services to residents
of Las Vegas and southern Nevada and is the nation's fastest-growing electric
utility. Nevada Power Company can be found on the World Wide Web at
nevadapower.com.
About CheckFree
Founded in 1981, CheckFree (http://www.checkfree.com), the operating subsidiary
of CheckFree Holdings Corp., is the leading provider of electronic commerce
services, software and related products for more than 2.6 million consumers,
1,000 businesses and 850 financial institutions. CheckFree designs, develops
and markets services that enable its customers to make electronic payments and
collections, automate paper-based recurring financial transactions and conduct
secure transactions on the Internet.
SOURCE CheckFree Corporation
Web Site: checkfree.com |
