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City of Springfield Saves $3.7 Million with Solar Purchase

Stamford, Connecticut, December 1, 2020 – Tradition Energy announces that it recently advised the City of Springfield, Massachusetts, on a renewable energy purchase that will eliminate a minimum of $3.7 million from the municipality’s energy budget over the next 20 years.

Springfield joins a growing number of local governments participating in the Solar Massachusetts Renewable Target (SMART) program, which was established to promote long-term sustainable solar incentives that encourage cost-efficient solar development across the Commonwealth. With SMART program involvement, the City can participate in community solar, support renewable energy, and realize immediate savings with no upfront cost.  Springfield achieves savings by contracting with off-site solar projects in Massachusetts and by receiving monthly bill credits on their electricity invoices.

“The SMART program is gaining momentum, and like Springfield, many of our local government clients are benefitting,” said Alan Kurzer, CEO, Tradition Energy.  “We are excited to help the City of Springfield achieve its renewable energy goals and reduce costs.”


G. Scott Merrell, Senior Director, Marketing, 713-609-9922

About Tradition Energy

Tradition Energy is the nation’s largest and most experienced independent energy risk management and procurement advisor, serving more than 1,300 commercial, industrial, and governmental clients ranging from Fortune 500 global companies to medium-sized businesses to local municipalities. Tradition Energy is part of the Tradition Group, a leading global institutional broker of financial and commodity products. Tradition employs over 2,300 people in 29 countries around the world and is publicly listed on the Swiss stock exchange (CFT).