Natural Gas in Ohio now being sold on the Energy Market Exchange through EMEX, LLC’s Reverse Auction technology
Houston, Texas (PRWEB) January 09, 2014 -- EMEX, LLC, a leading technology firm that is revolutionizing how energy is bought and sold through its live Exchange, announces that Natural Gas in Ohio is now being procured on the Energy Market Exchange through the EMEX Reverse Auction online platform.
Commercial and Industrial business along with Municipalities are realizing substantial savings through The Energy Market Exchange (EMEX) by utilizing its real-time platform when procuring their natural gas and electricity needs. The Exchange facilitates business through an online Reverse Auction using EMEX’s advanced technology. Commercial and Government entities act as the buyer and submit their energy requirements through the Exchange platform for Gas Companies (the sellers) to bid against each other and win the opportunity to be the customer’s energy supplier. This dynamic process of an online energy exchange allows customers to achieve a real-time market price for their energy needs.
“This is an interesting time in the Energy Sector; with coal-sourced generating power plants shutting down and many new procurement options opening up for Natural Gas, retail customers could realize increases in their natural gas costs over time. The agility of our Exchange and the transparency of its pricing allows the customer to transact on competitive prices in an expeditious manner” commented Daniel Marzuola, President of EMEX, LLC.
EMEX’s Flagship platform, The EMEX® Reverse Auction - recognized for its Innovation and Excellence in Electricity Procurement - is now available for Natural Gas Procurement in Ohio. Through this platform, EMEX already helps procure billions of kilowatt-hours of electricity for its customers throughout the deregulated states, reducing energy expenses by over one hundred million dollars annually.
About EMEX, LLC
EMEX, LLC is a leading technology firm that is revolutionizing how energy is bought and sold through its live Reverse Auction Exchange. The Exchange creates a real-time trading environment that compels sellers to compete, resulting in prices dropping precipitously for businesses procuring energy. EMEX continues to develop new platforms that specialize in Exchanges for all industry types in order to provide a real-time buying and selling environment for all commodities, products, and services. For more information, please visit: http://www.EnergyMarketExchange.com
Deborah Sill, EMEX, LLC, http://www.EnergyMarketExchange.com, +1 (713) 521-9797, [email protected]
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