Extempo is hedging platform that allows electricity and natural gas brokers and service companies in deregulated markets to offer lower rates to their commercial and residential customers as lower-than-present future rates become available.

This proprietary solution offers real-time alerts to commercial customers looking to take advantage of fluctuating energy prices. It aids the end-user in several ways. First, energy consumers are able to decrease rates on and ongoing basis. Second, they are able to more easily predict costs by avoiding the rising prices inherent in today’s incremental and variable energy market. Finally, empowering the end-users ties them to the providing broker, further differentiating a once stagnant commodity.

In addition, Extempo includes a number of compelling features which will give the energy marketers who utilize the system an upper-hand over the competition including:

1. Competitive intel on utilities, ESCOs (energy service companies) and energy brokerage firms. This will include overall and average brokerage rates for utilities in each market.
2. Monthly utility GCR (gas cost recovery) rates, both present and historical.
3. Utility rate build ups for each rate class.
4. Predicted future utility rates based on a futures algorithm which includes statistical confidence intervals.
5. A comprehensive list of industry contacts, retailers, utilities, brokers, and ESCOs.
6. End-user alerts for updated energy futures rates, giving brokers the ability to offer customers lower rates and lock those rates in contractually.

Extempo empowers the energy consumers against rising energy rates while giving Extempo customers–including the ESCOs and energy marketers–value-added market, customer, competitive and regulatory data and analytics, allowing them to run their businesses more efficiently.