Usource, Tangent Energy to Cross-Sell Services to Customers

Broker-consultant Usource announced a partnership with Tangent Energy to offer Usource customers Tangent's peak management service, and Tangent customers Usource's supply procurement services.

Under the terms of the agreement, Usource will offer Tangent's Demand Design and Demand Design PLUS to its customers, and Tangent will deploy and manage the technology.

In turn, Tangent will also utilize Usource's E-compass procurement service to provide its customers with access to competitive energy prices and other resources.

"Usource and Tangent share the belief that customer energy costs need to be addressed by optimizing a number of variables instead of trying to maximize just one," said Thomas Withka, managing director of Usource. "This partnership pairs market knowledge with technology solutions to effectively manage customer cost."

The companies said that up to 20 percent or more of industrial and institutional customers' energy capacity costs are determined by decisions made during a few hours each year. "That's because utilities and power pools review customer energy usage patterns during the peak hours of system-wide demand in order to determine price premiums and other charges that are ultimately applied to every hour of energy usage in the following year. By predicting when these peak demand hours will occur, and making targeted adjustments when they do, customers can significantly reduce costs," the companies said.