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Trail to change the way it buys natural gas

It’s not only households that have to budget correctly for utilities.
Trail is changing the way it buys natural gas in an attempt to save taxpayers’ money on their two biggest facilities – the Memorial and Aquatic Centres.
CAO David Perehudoff says they were buying on the daily spot market but that’s proving to be very volatile.
Their broker has come up with a blended plan involving various tactics including “forward fixed-price purchasing” to ensure the best rates over the longer term.
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