Tradition Energy is the nation’s largest and most experienced independent energy risk management and procurement consultant. We are the trusted advisor to more than 1,300 commercial, industrial and governmental clients ranging from Fortune 500 companies to medium-sized businesses to local municipalities.
Public
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K-12 Education
Higher Education
State & Local Government
Leveraging a cooperative contract with Tradition Energy through OMNIA Partners allows you to meet all of your procurement requirements, making it easier and faster than ever to secure the energy services you need to control and reduce costs.
Benefits of Partnering with Tradition Energy
Our experience includes managing more than 101 billion kilowatt-hours in energy usage and over $14.9 billion in energy spend. Clients partner with us to manage their energy price exposure and develop and implement strategies to control and reduce their energy supply-side and demand-side expenditures.
As an unbiased advisor, we work side-by-side with our clients to extend your procurement team. We are your advocate working to minimize your energy spend and are not, nor are we part of, an energy supplier, demand response (DR) provider, demand-side management provider, or energy technology services provider. We do not trade energy nor take the title to energy. Tradition operates solely as a neutral intermediary safeguarding the best interests of our clients.
When you leverage the partnership between Tradition Energy and OMNIA Partners, you gain access to a comprehensive portfolio of energy management solutions, including:
- Market Research & Intelligence: Tradition’s unique wholesale energy market presence results in more timely responses to market conditions and price changes and leads to savings opportunities for members.
- Strategic Risk Management: We work with you to identify the factors and risks that impact financial results and energy procurement decisions and recommend pricing options and implementation strategies specific to your organization’s objectives.
- Energy Procurement & Supply Management: 85 electricity, natural gas, and renewable energy suppliers currently compete on Tradition’s on-line pricing system.
- Demand-Side Management: Tradition’s efficiency services include a review of our energy efficiency partner network to verify the best solution for your efficiency needs, according to all federal, state, and local incentives available.
- Sustainability: In the sustainability area, we assist with renewable energy procurements through renewable energy certificates (RECs). We can also assist with the procurement of solar energy for on- or off-site platforms.
- Bill Processing & Payment: These services allow you to reduce overhead costs 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.
- Tariff Rate & Tax Analysis: Tradition will identify costly utility billing errors and recover overpayments from past invoices and from ongoing expenditures related to more appropriate delivery tariffs or tax exemptions.
- Data Management & Reporting: Tradition offers a data management and reporting service that is invoice-driven and tracks usage, cost, carbon, and includes budgeting, forecasting, and performance monitoring tools.
- Demand Response (DR): If you have the ability to shed load on demand or have backup generation, we can assist with procuring a Demand Response program and either improve the current revenue stream from an existing DR program or create a new one.
- Client Services: Tradition manages post-procurement activities, which include enrollment monitoring and assistance in helping to resolve billing or service issues should they arise with applicable suppliers and utilities.
- Communications: Tradition engages in ongoing regular communications with clients to discuss energy market price trends, additional opportunities, or any other changes that may impact current energy supply and demand-related agreements.
Energy Deregulation
Legislatures and the public utility commissions (PUCs) of many states have created competition for electricity and natural gas supply. 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.
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.
Success Stories with OMNIA Partners
With its energy contract managed by the State, Hillsborough did not have the market transparency or understanding of how its natural gas rates were being determined. As a result of the competitive procurement process involving all-natural gas suppliers, Hillsborough achieved a new rate that reduced its costs by 41% versus their previous contract and saved the District more than $540,000.
Athens Housing Authority in Georgia was paying an average of $300,000 annually in natural gas costs to fuel over 1000 residences. Tradition Energy's advisor worked with the Athens Housing Authority to evaluate their historical procurement practices and identify new opportunities to improve supplier competition and procurement timing.
