Regional ReportsEast

Energy Buying

Planalytics Inc. (Wayne, PA) has announced that Weathernomics Gas Buyer™, a financial risk management tool for purchasing and hedging natural gas, beat the average month-end settlement price by $0.59 per MMBtu over the last 12 months. For the July 2000 through June 2001 natural gas contracts, the average month-end settlement price was $5.45 per MMBtu. Over the same period, according to Planalytics, companies basing their purchases on Weather-nomics daily outputs would have paid $4.86 per MMBtu — a savings of 11%. The software forecasts the turning points and future direction of prices.

Publication date: 06/18/2001

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Peter Powell is Refrigeration Editor. He can be contacted at 815-654-7270 or peterpowell@achrnews.com. Peter was formerly Editor/Publisher of Service & Contracting, where he gained his refrigeration experience. Among his duties, Powell is responsible for the monthly Refrigeration Zone sections in The NEWS