Market Analytics & Reporting
Managing energy spend in a deregulated market relies heavily on understanding your corporate risk tolerance and balancing this with cost reduction efforts. The energy market is very volatile and requires constant attention. Leverage Ecova’s industry knowledge and fact-based data—derived from the Ecova Data Warehouse—about market trends, benchmarks, cost, and usage information, to gain the insight you need to create and implement the right energy strategy for your business.
Ecova’s Market Analytics and Reporting Service gives you the information necessary to proactively and cost-effectively manage the timing and term of your energy sourcing decisions. An Ecova Sourcing Manager will work with you to develop price “triggers” based on your corporate risk tolerance, notify you as any market prices near your specified triggers, track the performance of your contracts against various benchmarks, and provide timely market intelligence updates through scheduled calls. This detailed market intelligence reporting will support your decisions on sourcing, resulting in reduced budget volatility, better cost saving opportunities, and a disciplined approach to energy supply management.
Our Market Analytics & Reporting solution
will help your company:
Gain a broad understanding of market trends and risks associated with energy supply management - and create risk profiles that accurately represent your business' risk tolerance.
Understand the complete picture of risk versus reward, so you can make informed choices on energy strategies that can result in millions of dollars of annualized savings.
Build a lasting advantage for your business by understanding your risk profile and creating a playbook that helps guide future purchasing decisions.