HOUSTON, Aug. 27, 2013 /PRNewswire-iReach/ -- EMEX, LLC, a leading firm providing energy procurement-based risk management services in the deregulated regions of the United States, announces it has launched its Reverse Auction online platform for Natural Gas within the state of Illinois.
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 New Jersey and areas of Illinois. The EMEX Reverse Auction for Natural Gas is the same fast, easy and secure platform for energy procurement that local businesses, municipalities, and schools have come to rely on. Through this platform EMEX has already helped procure over 500M kilowatt-hours of electricity for its Illinois-based customers. This groundbreaking technology creates hyper-competitive bidding wars between energy suppliers. Over a dozen energy suppliers are able to continually bid and counter-bid until the lowest possible prices are uncovered while the customer watches the action in real-time. Any of the suppliers' final bids can be immediately locked-in. The live reverse auction happens within a 10 to 15 minute timeframe and swiftly realizes the best opportunities in the market for savings and price protection.
"The amazing success of the EMEX Reverse Auction Natural Gas roll-out in New Jersey makes moving into Illinois very exciting. The most compelling hedges available for our Illinois customers to secure guaranteed savings in Natural Gas will be generated through the reverse auction platform." commented Ryan Segmond, Vice President of EMEX, LLC.
The EMEX™ Reverse Auction Natural Gas platform is ideal for private or public commercial and industrial businesses, municipalities and educational institutions looking for a way to convert their current use into realized financial savings.
About EMEX, LLC
EMEX, LLC is a privately-held firm specializing in energy procurement-based risk management consulting in deregulated regions of the U.S. EMEX's complete portfolio of services and proprietary, online platforms are entirely focused on reducing the cost of energy in real-time for business and government consumers. EMEX's mission is to put the Power to manage energy spending in the hands of its clients with smart, groundbreaking technology designed to dramatically simplify energy procurement. Core to EMEX is the Flagship product brand EMEX™ Reverse Auction Platform, recognized for its Innovation and Excellence. For more information, please visit: www.EnergyMarketExchange.com
Media Contact: Deborah Sill, EMEX, LLC, 713-521-9797, firstname.lastname@example.org
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SOURCE EMEX, LLC