Real Time Technology That Saves Businesses Millions On Energy
Thousands of businesses are trending towards procuring their natural gas and electricity needs through the Energy Exchange’s live Reverse Auction Platform. The Exchange creates a wholesale trading environment for commercial buyers of energy, achieving savings of up to 30%. This revolutionary Exchange facilitates billions of combined kilowatt hours and therms being bought and sold on a daily basis, dramatically reducing the cost of commercial energy users’ natural gas and electricity bills. The Exchange works similarly to how stock prices are realized on the NYSE. The live exchange allows for up to 15 sellers (the Energy Companies) to bid against each other on customer accounts, causing rates to drop precipitously during the live 5-to-10 minute reverse auctions and creating a buyer’s market for businesses procuring energy.