The Energy Authority
The Energy Authority (TEA) is a nonprofit founded in 1997 that provides portfolio management, energy trading, advanced analytics, and renewable solutions exclusively to U.S. public power utilities. Owned by seven member utilities, it serves 80+ clients representing 35,000 MW of peak demand across all major RTOs.
- Company typePrivate
- Founded1997
- HeadquartersJacksonville, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What The Energy Authority does
The Energy Authority (TEA) is a nonprofit corporation founded in 1997 that provides portfolio management, energy trading, advanced analytics, renewable solutions, and advisory services exclusively to public power utilities. The company is owned and directed by seven member utilities (American Municipal Power, City Utilities of Springfield, Gainesville Regional Utilities, JEA, Nebraska Public Power District, Santee Cooper, and Grand River Dam Authority, with Grant PUD joining in April 2026) and serves a broader client base of 80+ public power clients representing 35,000 MW of peak demand and 30,000 MW of installed generation capacity across the United States.
TEA's technology stack centers on an energy trading and risk management platform (built on Allegro Development's ETRM solution) that operates across all seven U.S. RTOs (MISO, SPP, CAISO, PJM, ERCOT, NYISO, ISO-NE), augmented by proprietary optimization software. The award-winning Hydroelectric Optimizer System (used by 13 of 17 BPA Slice contract holders along the Columbia River), STORA (Solar + Storage Optimization Engine for microgrid and battery dispatch), Data DynAMIcs (an ML/AI-powered AMI smart meter analytics platform built with eSmart Systems), and Portfolio Analytics form the differentiated technology layer. The company holds multiple industry recognitions including a 2013 Computerworld Honors Laureate, an InformationWeek 500 ranking, and a Franz Edelman Award finalist designation for its optimization work.
TEA operates a membership-based business model in which utilities become equity-owning members subject to dual governing-body approval, and broader clients access services through contracts. Revenue is generated from membership fees and service contracts for portfolio management, energy trading, risk management, power supply management, and advisory engagements. The company is headquartered in Jacksonville, Florida, with a regional office in Bellevue, Washington, and an additional West Coast office in Portland, Oregon, supporting a 270+ employee workforce spanning Florida to Washington state. Distribution occurs through direct enterprise engagement, the TEA RFP Marketplace for renewable procurement, and industry channels such as APPA conferences and the annual TEA Energy Symposium.
The Energy Authority firmographics
Firmographics- Name
- The Energy Authority
- Legal name
- The Energy Authority, Inc.
- Website
- https://www3.teainc.org
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- The Energy Authority (TEA) is a nonprofit founded in 1997 that provides portfolio management, energy trading, advanced analytics, and renewable solutions exclusively to U.S. public power utilities. Owned by seven member utilities, it serves 80+ clients representing 35,000 MW of peak demand across all major RTOs.
- Ownership category
- akta.pro rank
The Energy Authority industry classification
Industry- Product category
- Public Power Energy Management Services
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112), Electric Power Generation (22111)
- SIC
- Electric Services (4911), Electric & Other Services Combined (4931)
- akta.pro primary industry
- Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ)
- akta.pro secondary industries
- Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal) (EUAEAMAB), Renewable Energy Infrastructure (FSAAAKAG), Energy Storage Asset Management (BESS/PCS/EMS) (EUAEAMAE)
Keywords
Where The Energy Authority is headquartered
LocationHeadquarters
- HQ city
- Jacksonville
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
The Energy Authority business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Membership and Advisory Services: TEA operates as a nonprofit corporation directed by member utilities. Revenue is generated through membership fees and service contracts with public power utilities for portfolio management, energy trading, risk management, and advisory services.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
The Energy Authority product offering
Product offeringCore offering
The Energy Authority is a nonprofit service company that provides energy portfolio management, energy trading, risk management, advanced analytics, renewable solutions, and advisory services exclusively to public power utilities. Its core deliverable is outsourced energy market operations for community-owned electric utilities, supported by proprietary optimization software (Hydroelectric Optimizer, STORA) and an AMI analytics platform, covering all major U.S. RTO markets and bilateral trading.
Product overview
The Energy Authority (TEA) is a nonprofit portfolio management company serving public power utilities with a modular service architecture. The core offering is Portfolio Management & Energy Trading, which provides RTO market management, bilateral energy trading, natural gas management, and power management services. This core is enhanced by Advanced Analytics modules including Data DynAMIcs (AMI smart meter analytics) and Portfolio Analytics, and by Renewable Solutions covering portfolio management, the TEA Procurement Platform (RFP marketplace), Renewable Forecasting Services, and Environmental Markets. Advisory Solutions provide strategic guidance including Western Market Development for CAISO/EDAM transitions. TEA also develops proprietary software products including the award-winning Hydroelectric Optimizer System (Optimizer) for BPA Slice clients and STORA (Solar + Storage Optimization Engine) for solar/storage asset optimization. TEA manages over 35,000 MW of peak demand and 30,000 MW of installed generation capacity across 80+ public power clients.
Differentiator
Problem solved
Functional benefit
Brands
- Data DynAMIcs: Advanced analytics service that helps utilities turn AMI (Advanced Metering Infrastructure) data into actionable insights for grid operations and planning.
- TEA Procurement Platform
- STORA
Products and services
- Portfolio Management & Energy Trading Comprehensive outsourced portfolio management and energy trading for public power utilities, covering RTO market management, bilateral energy trading, natural gas management, and power management. Provides a full trading desk across all major U.S. RTOs and bilateral markets.
- Hydroelectric Optimizer System (Optimizer / Slice Optimizer) Award-winning proprietary hydroelectric management software that allows utilities drawing hydroelectric power from the Columbia River Federal Hydro System to maximize the value of their Slice contracts while adhering to BPA parameters through real-time scenario modeling multiple times per hour to optimize water routing and generation decisions. Used by 13 of 17 BPA Slice contract holders.
- STORA - Solar + Storage Optimization Engine Optimization engine for managing solar and storage assets, including battery optimization and dispatch for microgrid operations such as the Redwood Coast Airport Microgrid for which TEA serves as scheduling coordinator.
- Data DynAMIcs (Connected Analytics) Cloud-based analytics platform that applies machine learning and AI to Advanced Metering Infrastructure (smart meter) data to deliver meter health monitoring, grid operation and planning, transformer load management, peak load forecasting, demand response, and rates analysis with configurable dashboards and customizable reports.
- Portfolio Analytics Long-horizon analytical partnership providing deep insights on COVID-19 load impacts, capacity valuations, carbon price impacts, locational analysis for renewable PPA selection, and cash flow analysis for prospective resource investments.
- TEA Procurement Platform (Marketplace RFP) Interactive RFP bidding platform for renewable energy procurement. Utilities issue RFPs for solar and other renewable projects; developers submit proposals through the marketplace across multiple markets and regions, including RFP marketing, response evaluation, financial modeling, and contract development.
- Renewable Forecasting Services Solar and wind output forecasting, integrated resource planning, regulatory impact analysis, and battery optimization services delivered through advanced analytical methods including machine-learning-based forecasting models.
- Environmental Markets Environmental attribute trading, renewable credit monetization, position tracking and reporting, and carbon management services including Washington Cap and Invest program compliance for 14 utilities.
- Western Market Development Strategic advisory services supporting public power utilities through the transition to Western organized markets, including readiness assessment, day-ahead market onboarding, and ongoing participation support for CAISO Extended Day-Ahead Market (EDAM), SPP Markets+, and SPP RTO-West.
Quantifiable outcome
- Managed 35,000 MW peak demand and 30,000 MW installed generation capacity
- +2 more outcomes
Companies that use The Energy Authority
Customer profileNamed customers13 records
Segments3 records
Ideal customer profiles2 records
The Energy Authority technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability6 records
Feature4 records
The Energy Authority partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and supporting.
- Grant County PUDcoreGrant PUD's membership in TEA was approved by both organizations' governing bodies, effective April 1, 2026. Grant PUD becomes TEA's seventh member, expanding TEA's public power membership footprint nationwide after first partnering informally in 2025. As a member, Grant PUD gains access to TEA's full suite of services including energy trading, risk management, portfolio management, advanced analytics, and advisory solutions.
- Long Island Power Authority (LIPA)coreNew partnership with parallel operations beginning October 15, 2025. Full agreement naming TEA as Power Supply and Fuel Management Services provider went into effect January 1, 2026.
- Grand River Dam Authority (GRDA)coreGRDA joined TEA as its newest Member, effective July 1, 2024. Joins existing Members including American Municipal Power, City Utilities of Springfield, Gainesville Regional Utilities, JEA, Nebraska Public Power District, and Santee Cooper.
- Seven Northwest Public Power Utilities (Western Resource Adequacy Program)coreStrategic partnership to join next phase of Northwest Power Pool Western Resource Adequacy Program (WRAP). TEA serves as Load Responsible Entity for 5 Northwest public power utilities.
- Florida Municipal Power Agency (FMPA)corePartnership initiated April 1, 2020 for TEA to provide Load Forecasting, Portfolio Management, and Mid-Term Trading services to FMPA.
- Municipal Energy Agency of Nebraska (MEAN)coreStrategic partnership started April 1, 2019 for portfolio management and energy trading services.
- Allegro DevelopmentsupportingSelected Allegro's energy trading and risk management solution to support growth in trading volume and complexity as TEA continues to serve public power entities across the US.
- eSmart Systems USsupportingStrategic partnership where eSmart provides underlying data management and machine learning analysis systems supporting TEA's new Connected Analytics service.
- University of CaliforniacoreTEA became UC's scheduling coordinator in CAISO market starting January 2015. Provides comprehensive portfolio management services including load forecasting, commercial modeling, supply management, REC support, and both real-time and forward trading. Supports UC's goal of carbon neutrality by 2025.
- Energy Keepers, Inc. (Confederated Salish and Kootenai Tribes)coreTEA Solutions' first client for Kerr Hydroelectric Project management. Provides resource analysis, model design, power management and trading, portfolio management, risk control, contract negotiation and back office support. Historic partnership as Tribes became first in US to own major hydropower facility.
- American Municipal Power, Inc. (AMP)coreAMP became TEA's newest Member effective January 2014. AMP serves public power utilities in seven states and owns/manages power resources within PJM and MISO regions. Serves over 625,000 customers.
Scale indicators7 records
Recent moves10 records
Expansion highlights6 records
The Energy Authority competitors and assessment
Company assessmentDirect peers
- Open Access Technology International (OATI): OATI provides energy trading, scheduling, and management software plus services to utilities, ISOs/RTOs, and energy market participants across North America. It is the closest direct competitor to TEA in wholesale market trading operations and RTO scheduling services.
- Customized Energy Solutions: Customized Energy Solutions provides independent energy management, trading support, and market advisory services to utilities, generators, and end users across U.S. wholesale markets. It directly competes with TEA in portfolio management, market intelligence, and RTO trading support for smaller and mid-sized utilities.
- Ascend Analytics: Ascend Analytics provides power market analytics, forecasting, and optimization software to utilities, IPPs, and financial market participants. It is a direct competitor to TEA's Portfolio Analytics, Renewable Forecasting, and optimization capabilities targeting utility resource planning and trading workflows.
Emerging players
- Energy Exemplar (PLEXOS): Energy Exemplar's PLEXOS platform is the leading power market simulation and optimization engine used by utilities and system operators worldwide. It is an emerging competitive substitute for TEA's portfolio modeling, capacity valuation, and resource planning workflows as utilities seek more self-service analytics.
- Uplight: Uplight provides customer engagement, AMI analytics, and energy management SaaS to electric utilities, with strong penetration among public power and cooperative utilities. It is an emerging competitor in the same utility analytics segment where TEA sells Data DynAMIcs.
- Yes Energy (formerly Genscape): Yes Energy provides real-time and historical U.S. power market data, including LMP, load, generation, and outage information used by traders and analysts. It serves as a data input/adjacent capability to TEA's Portfolio Analytics and trading workflows, increasingly competing for the same analytical wallet at utilities.
- EnergyHub: EnergyHub provides a DERMS platform that helps utilities manage distributed energy resources, demand response, and behind-the-meter assets. It is an emerging competitor to TEA's STORA and renewable integration offerings as DER proliferation reshapes utility portfolio management needs.
- kWh Analytics: kWh Analytics provides solar and renewable energy analytics, risk management, and asset performance benchmarking to project developers, investors, and utilities. It is an emerging competitor in renewable asset analytics, an adjacent segment to TEA's Renewable Forecasting and Environmental Markets services.
Broad incumbents
- Itron: Itron is a broad incumbent providing AMI/smart metering, grid management, and analytics solutions to electric, gas, and water utilities globally. It competes with TEA's Data DynAMIcs service in the utility AMI analytics space but from a hardware-anchored platform with much broader scope.
- Hitachi Energy: Hitachi Energy (formerly ABB Grid Integration) provides grid management software, energy trading systems, and asset management solutions to utilities and TSOs worldwide. It competes as a broad incumbent in the energy management and trading platform space where TEA's Allegro-based services operate.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks6 records
Key highlights6 records
Customer concentration
The Energy Authority social profiles
Digital presenceThe Energy Authority financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Energy Authority leadership team
Management profileNumber of profiles
Profiles16 records
The Energy Authority subsidiaries and ownership
Company hierarchySubsidiaries1 record
The Energy Authority funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Energy Authority M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Energy Authority
What does The Energy Authority do?
The Energy Authority is a nonprofit service company that provides energy portfolio management, energy trading, risk management, advanced analytics, renewable solutions, and advisory services exclusively to public power utilities. Its core deliverable is outsourced energy market operations for community-owned electric utilities, supported by proprietary optimization software (Hydroelectric Optimizer, STORA) and an AMI analytics platform, covering all major U.S. RTO markets and bilateral trading.
Is The Energy Authority a public or private company?
The Energy Authority is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was The Energy Authority founded?
The Energy Authority was founded in 1997. It employs 251 to 500 people.
Where is The Energy Authority based?
The Energy Authority is headquartered in Jacksonville, United States, in the North America region.
How does The Energy Authority make money?
One revenue line is on record: membership and Advisory Services.
Who are The Energy Authority's main competitors?
Direct peers on record are Open Access Technology International (OATI), Customized Energy Solutions and Ascend Analytics. Emerging players are Energy Exemplar (PLEXOS), Uplight, Yes Energy (formerly Genscape), EnergyHub and kWh Analytics. Broad incumbents are Itron and Hitachi Energy.
Does The Energy Authority have an API?
No public API is recorded for The Energy Authority.
What industry is The Energy Authority in?
The Energy Authority's product category is Public Power Energy Management Services. Its primary akta.pro industry code is EUAMAGAJ, Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence), with a secondary code of EUAEAMAB, Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal). Its NAICS code is 2211 and its SIC code is 4911.