Hospital District Gains Greater Cost Control in Newly Deregulated Market

The opportunity

A municipal hospital district in Lubbock sought to optimize energy procurement as the region transitioned to a newly deregulated market.

As the Lubbock, Texas, electricity market transitioned to deregulation, the hospital district faced new procurement options and a changing energy landscape. The organization needed expert guidance to understand the competitive market and determine how to best manage electricity costs and contracts.

The district engaged Tradition Energy to develop a streamlined electricity procurement strategy while also evaluating potential opportunities for third-party natural gas supply. The goal was to improve procurement efficiency, maintain budget stability, and position the hospital to capitalize on future market opportunities.

Tradition conducted a comprehensive review of the hospital’s natural gas bills and available supply options. The analysis determined that third-party supply was not immediately advantageous but could become a cost-effective alternative as market conditions evolve.

Tradition evaluated utility tariff structures and competitive electricity market conditions to identify the most appropriate procurement approach. Using its proprietary TEPS platform, Tradition sourced competitive supplier offers and compared available pricing and contract structures.

Following the competitive evaluation, Tradition negotiated electricity contract terms tailored to the hospital district’s operational and financial requirements. The strategy incorporated industry best practices with a focus on cost management, flexibility, and long-term budget stability.

The Result:
Strategic Procurement & Greater Flexibility

Future-Ready Gas Strategy

Tradition recommended annual reviews of natural gas invoices and market opportunities, allowing the district to evaluate third-party supply as conditions change and new savings opportunities emerge..

Simplified Executive Communication

Tradition developed a concise one-page guide to help hospital executives understand the utility structure, procurement considerations, and available options while preserving future supply flexibility.

Improved Procurement Efficiency

By introducing competitive sourcing and industry best practices, Tradition secured favorable electricity contract terms designed to strengthen budget stability and improve procurement efficiency for the hospital district.

Client Testimonials

I’ve really enjoyed working with Tradition Energy. I appreciate their diligence, follow-up, and expertise in helping us navigate our utility needs in open markets. I also value the updates and resources Tradition provides—they’re always helpful and informative.

Asset Manager,
Healthcare Data Center

My Energy Advisor had me sold on Tradition Energy during my initial reach-out. Their attentiveness to not only our company but also our 5000 employees was over the top! Energy deregulation is new to Lubbock, and the learning curve was huge. They were timely in answering all of my questions, assisting me in preparations to present to our Board of Managers, creating an educational video for our staff, and working closely with our legal team to ensure we were prepared to lock in as soon as the opportunity came. Lubbock had multiple delays which pushed out our timeline, but I was never worried because they kept me in the loop on all the happenings in the market. I have referred Tradition Energy to many others, and they too are extremely pleased with the service and the insight Tradition Energy provides. Well Done!

Decision Maker,
Medical Center Facility

Congratulations to the whole Tradition Energy team for hosting an exceptional client training seminar. The information was invaluable and presented in a really fun way. Please extend my gratitude to folks who took time from their schedules to prepare and then present to us.

Director of Facilities,
Regional Hospital

Tradition Energy was knowledgeable, quick to react, and easy to work with through the entire procurement process.

Director of Strategic Sourcing,
Regional Hospital

I’ve really enjoyed working with Tradition Energy. I appreciate their diligence, follow-up, and expertise in helping us navigate our utility needs in open markets. I also value the updates and resources Tradition provides—they’re always helpful and informative.

Asset Manager,
Healthcare Data Center

My Energy Advisor had me sold on Tradition Energy during my initial reach-out. Their attentiveness to not only our company but also our 5000 employees was over the top! Energy deregulation is new to Lubbock, and the learning curve was huge. They were timely in answering all of my questions, assisting me in preparations to present to our Board of Managers, creating an educational video for our staff, and working closely with our legal team to ensure we were prepared to lock in as soon as the opportunity came. Lubbock had multiple delays which pushed out our timeline, but I was never worried because they kept me in the loop on all the happenings in the market. I have referred Tradition Energy to many others, and they too are extremely pleased with the service and the insight Tradition Energy provides. Well Done!

Decision Maker,
Medical Center Facility

Congratulations to the whole Tradition Energy team for hosting an exceptional client training seminar. The information was invaluable and presented in a really fun way. Please extend my gratitude to folks who took time from their schedules to prepare and then present to us.

Director of Facilities,
Regional Hospital

Tradition Energy was knowledgeable, quick to react, and easy to work with through the entire procurement process.

Director of Strategic Sourcing,
Regional Hospital

See what Tradition Energy can do for your organization

Speak to an expert

ABOUT US

The Scale and Experience Behind Every Recommendation

For decades, organizations have trusted Tradition Energy to navigate increasingly complex energy markets. As the nation’s largest independent energy procurement and sustainability solutions advisor, we bring clients resources, market reach, and transaction activity other advisors cannot replicate.

Learn more about Tradition

Hospital District Gains Greater Cost Control in Newly Deregulated Market

The opportunity

A municipal hospital district in Lubbock sought to optimize energy procurement as the region transitioned to a newly deregulated market.

Analysis

The Result:
Strategic Procurement & Greater Flexibility

Future-Ready Gas Strategy

Simplified Executive Communication

Improved Procurement Efficiency

Client Testimonials

The Scale and Experience Behind Every Recommendation

Case Studies

Proven Results in Healthcare

Healthcare System Gains Better Pricing Through Greater Supplier Competition

Healthcare Provider Reduces Natural Gas Costs by $550,000