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Sponsored

CREC Magnet Schools stabilize energy budgets and reduce costs by almost $1 million

CREC Magnet Schools stabilize energy budgets and reduce costs by almost $1 million

  • Written by American City & County Staff
  • 27th July 2020

Tradition Energy negotiated an energy supply agreement that provides budget certainty and reduces annual spend by 16 percent.

Opportunity

  • The Capitol Region Education Council (CREC) delivers a wide array of cost-effective and high-quality programs and services – professional development, special education, staffing, and more – to meet the educational needs of children and adults in Greater Hartford, CT.
  • Tradition Energy offers energy risk management and procurement services to members through a cooperative purchasing contract (OMNIA Partners, Public Sector) with CREC. The contract enables districts and towns to use Tradition’s services without having to go out to bid themselves, which saves the members time and money.

Approach

  • Tradition analyzed how and when the school was using electricity. The energy usage patterns at the schools were consistent with many Tradition Energy education-related clients, which use energy from the early morning hours to late at night to support extracurricular school activities.
  • With its analysis complete, Tradition pursued a strategy that would leverage its experience advising hundreds of K12 schools, as well as deliver a competitively-solicited and publicly-awarded cooperative contract to achieve the most efficient energy procurement process, available through OMNIA Partners.

Results

  • Tradition Energy negotiated a multi-year electricity supply agreement on behalf of the CREC Magnet Schools that locked down their costs and reduced annual spend by 16%, saving the schools close to $1 million over the term.
  • Tradition is also providing CREC with Utility Bill Auditing Services, which will allow them to reduce billing errors and recover costs from past invoices.

 

Tradition Energy was awarded a national cooperative contract by The City of Mesquite, TX, which is made available through OMNIA Partners, Public Sector.

Contract #2018-017– Comprehensive Energy Consulting and Management Services

Tags: Cooperative Purchasing Co-op Solutions Sponsored

Related


  • Alert Georgia county avoids shortages due to COVID-19 pandemic
    DeKalb County, Ga., has used cooperative purchasing contracts to buy needed law enforcement gear, road salt, sewer line rehabilitation and other commodities and services.
  • How to re-staff quickly and efficiently without introducing risk to your organization
    As you navigate how to return to the workplace and balance COVID-19 exposure concerns, finding and hiring talent may seem a bit intimidating. With access to OMNIA Partners, Public Sector competitively solicited contracts you are guaranteed affordable and seamless solutions. Acro Service Corporation, our staffing solutions partner, is among the top 50 staffing firms in the […]
  • Procurement teams struggle to meet agency pandemic demands
    In Virginia, purchasing operations are carrying a big load.
  • City purchasing crew steps up as it grapples with COVID-19
    Berkeley, Calif.'s purchasing team continues to deliver through the pandemic

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