Patent ID: 8688506

Claim:
A computerized method of pricing energy, the method comprising the following steps performed by one or more processors: determining, by at least one processor, a first contract price offering for supplying energy to a consumer over a future term based on at least a forecasted cost of energy to be supplied over the future term and a forecasted energy usage of the consumer during the future term; receiving, prior to acceptance of the contract price offering, an updated forecasted cost of energy to be supplied over the future term; automatically in response to receiving the updated forecasted cost of energy to be supplied over the future term, determining, by at least one processor, an updated contract price offering for supplying energy to be supplied over the future term based on at least the forecasted energy usage of the consumer during the future term used in determining the first contract price offering and the updated forecasted cost of energy to be supplied over the future term; and outputting the updated contract price offering for supplying energy to the consumer over the future term.