Commercials

PowerSpring.com, a newly-formed marketer-technology partnership,is rolling out a B2B website aimed at bringing price transparencyto citygates across the country, to tap the next level ofcost-conscious customers, commercial end users, according to JohnHarpole, PowerSpring executive vice president.

PowerSpring.com, a newly-formed marketer-technology partnership,is rolling out a B2B website aimed at bringing price transparencyto citygates across the country, to tap the next level ofcost-conscious customers, commercial end users, according to JohnHarpole, PowerSpring executive vice president.

A casual observer of yesterday’s market would look at the tighttrading range, low volatility and unchanged settlement and concludeit was a quiet trading day at the New York Mercantile Exchangewhere neither bull nor bear prevailed. But beneath February’s4-cent trading range and $1.714 settlement price, a battle waswaged as commercial traders in opposing camps, unencumbered bylocals who have largely moved on to March dealings, trieddesperately to influence a move in their direction. And so, as asource from a mid-sized gas marketer lamented, “the big boys wereat it again.”

A new study finds all is not well with the relationship betweenenergy marketers and service companies and their commercialcustomers. Indeed, BENTEK Energy Research says “commercialcustomers feel marketers and ESCOs promise prices that are notrealized, under-perform on services, and they are not meetingcustomers’ needs in helping to reduce their energy consumption.”