Weather is the most critical factor in determining customer usage. The ESCOWare® DFS solution utilizes proprietary, state of the art weather normalized algorithms that help to mitigate risk by accurately forecasting customer usage, allowing for predictable margins and profitability. ESCOWare® DFS is a cloud-based software solution designed specifically for the complexities of retail energy suppliers, and utilities.
Utilizing both future start date and active contracts to determine total contractual load obligation, the Demand Forecasting System helps to maintain financial covenants and collateral requirements with wholesale counter parties. In addition, ESCOWare® DFS allows ‘what if’ scenarios to track and manage cash flow by testing extreme weather conditions and/ or the effect of customer growth (or churn) against the current book of business.
New user interface and bulletin board feature:
Stay connected: All information about new product features, releases, updates on weather alerts and new reports are posted to our new bulletin board and are available for you as soon as you log into the system.
New Tasks Feature:
Prevent important risk management duties from falling through the cracks. The tasks feature allows you to create, assign and manage important one-time and recurring activities for yourself and your team... All without ever leaving the DFS.
New & Enhanced Data Visualization Tools:
Significantly faster reporting engine allows you to see more data in less time. See your data in a variety of new visual formats that help you get to relevant data faster and make more informed risk management decisions.
New Interactive Tools & Ad Hoc Reporting:
Be in control of your data. Manipulate and fashion your own unique reports through Ad Hoc Reporting - or save customized views with added filtering options through optional desktop application.
Properly plan for growth by visualizing and analyzing the impact prospects can have on your energy portfolio forecasts and hedges.
Forecast, hedge, and manage your position on a single customer or specific grouping of customers in your portfolio and gain insights through detailed drill-down reports.
The 7 Deadly Sins of Forecasting
Senior Execs & Risk Managers know the importance of an accurate long term and short term load forecast. Many of them have significant challenges consistently producing accurate results. The following information in this report outlines the most common reasons why...