Energy brokers
Tradition Energy
Tradition Energy advises commercial, industrial and government energy buyers in deregulated markets. It does not sell supply; it runs the solicitation, compares the offers and recommends a contract structure and timing, then stays with the account through the term.
An engagement starts with the client's usage profile and billing history, a discussion of the price outlook and a written procurement strategy. Tradition then takes the requirement to Tier 1 suppliers, analyses the pricing options and presents a proposal with its recommendation. Related work covers strategic risk management, energy bill auditing, utility data management and reporting, sustainability and renewable purchasing, and public and private sector purchasing through OMNIA Partners.
The firm has advised clients in energy commodities markets since 1986 and reports more than 1,400 commercial, industrial and governmental clients, over 140 billion kilowatt-hours of annual electricity usage and more than $134 billion in electricity and natural gas spend managed on their behalf. It is part of the Tradition Group, publicly traded, which the site describes as having over 2,400 employees in 30 countries, and it maintains a research team producing client-facing market updates.
Fees are not published. Ask how the advisor is compensated on your contract, whether payment comes from you or from the winning supplier, and which offices cover your load. The 12% saving quoted in the site's communications case study is one client's projected result, not a general figure.
Best for
Commercial, industrial and government buyers with meaningful load in deregulated electricity or gas markets who want a broker-run supplier solicitation and ongoing contract management. Single-site owners in regulated states have nothing to bid out.
What they do
- Electricity procurement and supplier solicitation
- Natural gas procurement
- Energy contract negotiation and structuring
- Strategic energy risk management
- Energy bill auditing
- Utility data management and reporting
- Sustainability and renewable energy purchasing
- Market research and price outlook briefings
- Public sector purchasing through OMNIA Partners
Details
| Attribute | Value |
|---|---|
| Founded | 1986 |
| Ownership | Subsidiary |
What stands out
- Has advised clients in energy commodities markets since 1986.
- Reports more than 1,400 commercial, industrial and governmental clients, from Fortune 500 companies to local municipalities.
- Says it manages over 140 billion kWh of annual electricity usage and more than $134 billion in electricity and natural gas spend.
- Part of the publicly traded Tradition Group, which the site describes as having over 2,400 employees in 30 countries.