Tradition Energy is one of the world’s largest, independent full-service energy management advisors providing solutions to governmental organizations and commercial and industrial businesses. We advise Fortune 500 companies as well as operators of single locations on trends affecting the energy markets and assist them in minimizing the level and volatility of their energy expenditures and in meeting their sustainability goals. Our clients benefit from our experience and the breadth of resources we dedicate to controlling their energy spend, coupled with a customized and localized one-on-one approach.
Tradition Energy is part of the Tradition Group, a leading global institutional broker of financial and commodity products. The Tradition Group employs over 2,400 people in 28 countries around the world and is publicly listed on the Swiss Stock Exchange (CFT).
Through the new 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 Consulting & Management Services, include:
Market Research & Intelligence: We provide unparalleled, direct access to wholesale energy information and prices unmatched in the industry.
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.
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.
Data Management & Reporting: We monitor and audit usage and rates, and analyze results against budgets and provide management reporting tools customized to meet individual company needs.
Sustainability: We help clients achieve sustainability goals to reduce energy consumption and emissions by implementing strategies through the purchase of green energy, RECs and emission offsets.
Proprietary Energy Management Tools: We provide the proprietary tools necessary to manage energy and sustainability programs effectively.
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Tradition Energy delivers enormous value to public agencies, including:
For Tradition’s energy procurement services, no out-of-pocket costs are required and the fee is included in the price of energy paid by the government agency to the energy supplier. Other services, such as data management, bill processing, and consulting, are assessed on a per unit or hourly basis and may be invoiced directly to the client. Tradition Energy has committed to provide all U.S. Communities participating agencies with the lowest public sector pricing available for our advisory fees.
Please contact us for pricing details.
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.
Who can participate?
States, state agencies, counties, cities, schools, colleges and universities, non-profits and special districts.
Does my agency need to be a member of ASBO, NACo, USCM, NIGP or NLC to participate?
No. Any qualified agency can participate in the program.
My state requires local governments to bid everything. Can local governments in my state use this program without going out to bid?
Yes. This contract has been competitively bid by a government agency. Through the Joint Powers or Inter-local Contracting Authority statutes, local governments can utilize this competitively bid contract through U.S. Communities. This satisfies the competitive bid requirements in most states. See state-by-state laws on intergovernmental purchasing.
What does a government agency need to do in order to participate?
Complete the free online registration found on the U.S. Communities website. During the registration process, you will be asked to mark suppliers you are interested in. The suppliers that you select will contact you with detailed pricing and ordering information.
Is there a fee associated with joining U.S. Communities?
No, there are no costs or user fees to the local agency to participate or register.
Does the competitive pricing apply, regardless of product or service?
Working with Tradition Energy through the U.S. Communities program assures an agency they are getting the most competitive prices for all the energy consulting and management services. In most cases there are no out of pocket costs, minimum service requirements or spend limits associated with using the Tradition Energy U.S. Communities program.
Can more than one person at my agency register?
Yes, additional users can register by completing the standard registration process; the system will automatically unify all registrations that use the same TIN under one agency account. Alternately, existing users can add new users from within their account.
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.
Shipping not applicable for this contract.
Tradition Energy 2014 Energy Price Forecast
This 20-page report made available to clients in January, identifies key factors likely to drive energy price volatility over the year and includes price estimates for electricity, natural gas, crude oil, heating oil and gasoline. Are electricity prices expected to rise? With growing demand of natural gas, will price increase? Find out by viewing the energy price forecast! View Forecast
“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