Planalytics, Inc. announced today that Lancaster Municipal Gas, a gas utility based in Ohio, has subscribed to its EnergyBuyer® Service. The Planalytics EnergyBuyer Service provides price analysis and buying/hedging guidance that helps companies cost effectively purchase natural gas and manage price risk in a volatile market.
With Planalytics’ daily monitoring of the natural gas market that extends 18 months into the future, Lancaster Municipal Gas will be able to make proactive and cost effective buying decisions that protect its customers from volatile price swings. “The EnergyBuyer Service helps utility companies like Lancaster Municipal Gas identify opportunities to buy gas at attractive prices while helping them avoid purchases when the market is inflated,” stated Paul Corby, Senior Vice President – Planalytics Energy. “The goal is to stabilize costs and minimize price risk exposure for customers.”
The service includes access to the EnergyBuyer website with live pricing (Nymex and Globex); buying/hedging suggestions; accounting and reporting functions; and charting and market research tools. The EnergyBuyer website continuously tracks and analyzes the key fundamental, financial and technical factors influencing natural gas prices and distills this information into straightforward “Buy” or “Don’t Buy” suggestions for individual months.
EnergyBuyer clients also receive support services that include direct access to Planalytics meteorologists and market experts, weekly e-newsletters, consultation on risk management strategies and Alerts ahead of significant weather events.
About Planalytics, Inc.
Planalytics, Inc. is the singular global source of Business Weather Intelligence® – the actionable information companies need to understand and optimize the impact of weather on their business. Weather is the most volatile of all external factors affecting business performance and Planalytics helps companies proactively manage this risk. Powered by an unparalleled database of weather’s financial and volumetric impacts, proprietary forecasting technologies and market-specific expertise, Planalytics’ Business Weather Intelligence is essential to any company, in any industry, looking to effectively shape strategies, pinpoint opportunities and make more profitable decisions. For more information, visit www.planalytics.com.
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