Energy software, pricing and block commodity buying
October 5, 2006When pricing comes in providers and aggregators face the challenge of sending it fast and accurately. Having the right software can insure you get this information to all your customers fast and effectively. For customers, dealing with a company who uses the latest software means they can provide to you the most updated prices available in the market with the smallest retail margins.
Pricing can actually get pretty complex but the more complex it is the greater the companies rate goes down. A tailor made price has so many factors taken into consideration the aggregator or provider is able to err on the side of a cheap rate.
The right software allows a company to respond immediately to a customers request for a tailor made price for their company. Key reports, forecasted usage, supply, demand, flexible products, including fixed price, index price, collars, time-of-use, swing, spark spreads, and other market considerations are available for educating the customer.
Some of the largest gas and electric companies make use of this type of software and it is only reasonable that an aggregator, provider and customer make use of a money saving tool like this.
At this time we have two links to provide and recommend for this type of application although more will be added.
Pricing Expert by Lodestar
LoadVision by Nexus