Tradition Energy is one of the world’s largest and most experienced full-service energy management consultants serving more than 1000 commercial, industrial and governmental clients ranging from Fortune 500 global companies to medium-sized businesses to local municipalities. We are an independent, unbiased and transparent client advocate. We assist our clients in managing their energy price risk exposure and in developing and implementing risk management strategies to control and reduce their electricity and natural gas expenditures.
Tradition Energy is part of the Tradition Group, a leading institutional broker of financial products and commodities with over 2,400 employees in 28 countries.
Through this cooperative contract, awarded by the lead public agency City of Mesquite, Texas, registered users of U.S. Communities will benefit from a full-suite of services specifically designed to maximize savings on energy expenditures while improving procurement efficiency. Tradition Energy saves public agencies on average 15-20% more versus internal procurement activities.
Many organizations that buy energy don’t realize that rates can be competitively bid or how the volatility of electricity prices can impact their overall energy costs. Depending on market conditions, using an energy advisor can often reduce overall energy costs or stabilize rates, so budgeting is easier and sustainability goals are addressed. Even in areas where energy is not deregulated, services such as analyzing tariff rates and auditing energy bills can identify opportunities for saving or improved efficiencies.
Energy Procurement & Supply Management: We optimize energy procurement by working with over 90 rigorously vetted energy suppliers and achieve the most competitive rates, terms and supply arrangements available in the market.
Strategic Risk Management: We identify the factors and risks that impact financial results and energy procurement decisions and recommend pricing options and implementation strategies specific to enterprise objectives.
Market Research & Intelligence: We provide unparalleled, direct access to wholesale energy information and prices unmatched in the industry.
Post-Contractual Client Service: Tradition Energy handles all the work involving utility and supplier communication during the life of your agreement.
Data Management & Reporting: Our proprietary TEAMView platform allows you to manage, analyze and report on complete facility usage and cost data through a single, user-friendly platform. The web-based portal provides access to four types of energy information:
Tariff Rate & Tax Analysis: We help you identify costly utility billing errors and recover overpayments from past invoices and from ongoing expenditures related to more appropriate delivery tariffs or tax exemptions.
• Utility bill audits and cost recovery
Bill Processing & Payment: These services allow you to reduce overhead cost by outsourcing everything from mail handling, to bill auditing, expediting late notices and eliminating fees, to data feeds and compliance with client proprietary systems and finance standards.
• Process, validate, and pay utility invoices
Sustainability: Tradition Energy helps public entities reduce energy consumption and emissions as part of adopting more sustainable business practices.
• Renewable energy procurement
Tradition Energy’s procurement “best practices,” originating from our experience with organizations worldwide, result in the best customized solutions. Our clients are highly satisfied with our service with 95% telling us that our “strategic recommendations are making a positive or very positive contribution to their enterprise” and 97% saying they are “likely or very likely to use our service again.”
How do I start working with Tradition Energy?
To utilize the contract between U.S. Communities and Tradition Energy, you must have a U.S. Communities specific account set up with Tradition Energy.
3 easy ways to get started:
1. By Phone: Contact our toll-free number at 877-832-7022.
2. By E-mail: e-mail us at USCommunities@TraditionEnergy.com and we will have someone call you back within 24 hours to handle your request.
3. Online: Log on the Tradition Energy website at www.TraditionEnergy.com/USCommunities using your U.S. Communities account information.
What is energy deregulation?
Legislatures and the public utility commissions (PUCs) of many states have created competition for electricity and natural gas supply. In the past, one utility provided all parts of energy service: generation, transmission and distribution. With competition, generation is separated from transmission and distribution. This allows consumers to choose their energy supplier, while the delivery of the energy is still regulated and is the responsibility of the local utility company. Public agencies operating in deregulated energy markets can enjoy a number of benefits: multiple options for selecting an electricity and natural gas provider; flexibility in developing an energy strategy; freedom to choose from a variety of products, prices and terms; protection from rising costs; budget certainty; rebates and incentives; security—transmission and distribution are still regulated by the PUC and guaranteed.
Energy deregulation enables public agencies to shop for the best price of energy just as they do for their other products and services. With these benefits comes the task of competitively procuring these energy commodities, which takes a thorough understanding of the markets and the suppliers. This is where Tradition Energy is here to help.
What is an energy supplier?
A supplier is an independent company that provides electricity or natural gas to commercial and/or residential customers in a deregulated energy market. To operate in a service territory, suppliers must be accepted by that state's regulatory agency and must meet certain criteria, which varies across utilities and states.
Tradition Energy’s process ensures public agencies select the best energy supplier to meet their needs, through a competitive reverse-auction process.
Tradition Energy Contact
Bob Wooten | Director
Office (713) 609-9929 | Mobile (713) 306-5949
Do people have to choose a new electricity supplier?
No. However, it's in their best interest to at least compare prices and services offered by competitive suppliers. Then customers can make an informed decision based on what best suits their energy needs.
Will customers save money if they switch suppliers?
Savings will depend on several things, including how much is currently paid for electricity or natural gas, how much electricity or natural gas is used, and the current agreement with the supplier. Tradition Energy provides a complete analysis, so that you can see exactly what savings are involved with each procurement option.
If a customer does switch, will they have to worry about the reliability of their energy service?
No. Regardless of who supplies the energy, the utility will continue to deliver it uninterrupted, ensuring that sufficient electricity and natural gas are available. The customer will continue to have access to customer service representatives, and utility crews will still respond to emergencies and power outages.
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“By aligning with Tradition Energy and their wholesale energy expertise, we have consistently made more effective and timely procurement decisions for our facility.” - Director of Facilities, University
“Timing the market, budgeting 18 months in advance, and powering-up 16 schools and several municipal government facilities are not easy tasks.” - Director of Purchasing, Municipality