Planalytics, Inc. announced today that The Energy Cooperative in Newark, 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.
“Planalytics’ comprehensive analysis and view of the market can help us successfully navigate price swings and acquire gas at competitive prices,” stated Dan McVey, Vice President & COO for The Energy Cooperative. The company’s National Gas & Oil Cooperative subsidiary, a retail natural gas distributor with over 30,000 members in 10 counties, will use the EnergyBuyer service for buying decisions that manage costs and protect its member customers from price spikes.
The service includes access to the EnergyBuyer website with live pricing (Nymex and Globex); buying/hedging suggestions which extend 18 months into the future; 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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