Transparent Energy

What Transparent Energy does

Transparent Energy, operating as Premiere Marketing LLC, is a B2B energy procurement firm founded in 2009 and headquartered in Fairfield, New Jersey. The company serves large commercial, industrial, and institutional energy buyers across the USA, Canada and other deregulated markets, targeting organizations with annual loads typically exceeding 3 million kWh or 30,000 Dth. Across its history, Transparent Energy has executed more than 5,400 energy supply contracts, transacted over $5.35 billion in energy supply spend through its platform, served 3,500+ unique customers, and managed 350,000 utility accounts spanning 33+ TWh of power, 300+ million Dth of gas, and 8.5+ million RECs.

The core technology is a proprietary live reverse-auction platform ("Software Advantage") that enables real-time competitive bidding among pre-vetted energy suppliers, with buyers observing open bids that compress supplier margins and deliver 7–8% savings. The platform supports multiple products and term lengths (12–72 months), customization of auction formats, blending of traditional and renewable procurement, and integration of market intelligence and consumption analytics. Complementary offerings include RFP Advisory, Sustainability Solutions (RECs, community solar, VPPAs, renewable ABR contracts), Risk Management (hedging, demand response, market monitoring via a dedicated Pricing Desk), Contract Management, and Data Analysis and Reporting.

Transparent Energy goes to market through direct enterprise field sales complemented by a broad channel partner ecosystem spanning accounting firms, industry associations (Urban Land Institute, American Hotel & Lodging Association, Forging Industry Association), facility/property managers, ESG consultants, private equity firms, and supply chain cooperatives. Revenue is generated via managed services fees for procurement execution and contract management; pricing is quote-based and not publicly disclosed. The company has been entirely self-funded since founding, reports 14 consecutive years of organic annual revenue growth (through 2024), and accelerated in 2023 with a 950%+ increase in renewable energy transaction volume, an 86% surge in contracts, and 20%+ growth in new customer acquisition. It serves 11+ verticals including commercial real estate, data centers/crypto mining, government and education, healthcare, hospitality, manufacturing, cannabis cultivation, forging, and portfolio holdings/PE.

Name

Transparent Energy

Legal name

Premiere Marketing LLC

Website

https://transparentedge.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Transparent Energy is a B2B energy procurement firm, founded in 2009, that operates a proprietary live reverse-auction platform to help large commercial, industrial, and institutional buyers competitively procure electricity, natural gas, and renewable energy across deregulated markets in North America.

Ownership category

akta.pro rank

Product category

Energy Procurement Services

NAICS

Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911)

akta.pro primary industry

Retail Energy Brokerage (Residential & SMB Switching) (EUAGAEAA)

akta.pro secondary industries

REC/GO Trading Platforms & Exchanges (EUAMAKAD), Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI)

Keywords

• Energy procurement
• Reverse auction platform
• Energy brokerage
• Utility management
• Commercial energy services

Headquarters

HQ city

Fairfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Energy Procurement Services: Transparent Energy provides energy procurement advisory and execution services to large commercial, industrial, and institutional energy buyers. The company helps clients procure electricity, natural gas, and renewable energy through their auction-based platform. Revenue appears to be generated through fees for procurement services, likely structured as a percentage of savings achieved or transaction value.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Transparent Energy operates a proprietary live reverse-auction platform that enables large commercial, industrial, and institutional buyers to procure electricity and natural gas by creating real-time competitive bidding among pre-vetted third-party energy suppliers. The platform is targeted at high-volume energy users across multiple sectors and is designed to replace traditional brokerage with transparent, auction-driven price discovery.

Product overview

Transparent Energy operates as a platform-based energy procurement firm offering a proprietary Live Reverse-Auction Platform (Software Advantage) as its core technology product. The platform is complemented by professional services including Energy Procurement (core service for electricity and natural gas), RFP Advisory Services, Sustainability Solutions (RECs, community solar, VPPAs), Risk Management, Contract Management, and Data Analysis and Reporting. Together, these offerings provide an end-to-end energy procurement solution that combines cutting-edge auction technology with expert advisory services.

Differentiator

Problem solved

Functional benefit

Products and services

• Live Reverse-Auction Energy Procurement Platform Proprietary live reverse-auction platform that enables large commercial, industrial, and institutional buyers to procure electricity and natural gas by creating real-time competitive bidding among pre-vetted energy suppliers. Designed for high-volume energy users across multiple sectors.
• Electricity Procurement Services Structured procurement of retail electricity supply contracts for large commercial, industrial, and institutional buyers via the company's reverse-auction platform, connecting buyers with pre-vetted electricity suppliers.
• Natural Gas Procurement Services Structured procurement of natural gas supply contracts for large commercial, industrial, and institutional buyers via the company's reverse-auction platform, connecting buyers with pre-vetted natural gas suppliers.
• Energy Procurement Consulting Advisory and consulting support for commercial, industrial, and institutional buyers running energy procurement events through the platform, including supplier vetting, contract structuring, and bid evaluation across multiple sectors.

Named customers8 records

Segments10 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered strategic and core.

• Urban Land InstitutestrategicStrategic or Co-development PartnerTransparent Energy is an Innovation Partner of the Urban Land Institute, a prominent real estate industry organization focused on research, education, and thought leadership in land use and sustainable development.
• American Hotel & Lodging AssociationstrategicStrategic or Co-development PartnerTransparent Energy is a partner of the American Hotel & Lodging Association, serving hotel members across the country with energy procurement services since 2009.
• Forging Industry Association (FIA)strategicStrategic or Co-development PartnerTransparent Energy is a partner of the Forging Industry Association, providing FIA members with a proven, cost-saving procurement process for electricity, natural gas, and renewables.
• ESG and Sustainability Reporting Leader (1.2B+ sq ft CRE under management)coreGTM or Marketing PartnerStrategic partnership with a leading ESG and sustainability reporting platform that manages over 1.2 billion square feet of commercial real estate, streamlining how large CRE firms procure offsite renewables for decarbonization and net-zero goals.
• Len DeCandia (Strategic Advisory Board)strategicStrategic or Co-development PartnerLen DeCandia joined Transparent Energy's Strategic Advisory Board in 2023. He is a procurement leader who won Chief Procurement Officer of the Year award in 2021 for breakthrough work at Johnson & Johnson, bringing 40 years of experience in procurement and supply chain at Fortune 200 companies.
• Supply Chain CooperativescoreChannel Partner/ Reseller/ DistributorPartnering with supply chain cooperatives to help them optimize operations, achieve cost savings through strategic negotiations with energy suppliers, and implement sustainable energy practices for their members.
• Accounting AgenciescoreChannel Partner/ Reseller/ DistributorPartnership with accounting firms to offer advanced energy procurement, energy efficiency, and renewable energy services to their clients, helping reduce energy costs, risk, and carbon footprints.
• ESG ConsultantscoreChannel Partner/ Reseller/ DistributorPartnering with ESG consultants to provide practical, proven, and holistic sustainability execution through innovative procurement strategies that guide clients toward carbon footprint reduction and renewable energy adoption.
• Facility/Property Management CompaniescoreChannel Partner/ Reseller/ DistributorPartnership with facility and property management companies to help navigate the complex energy market, secure competitive rates, and achieve sustainability goals through streamlined procurement.
• Green Energy Project DeveloperscoreChannel Partner/ Reseller/ DistributorCollaboration with green energy project developers to provide access to real-time market intelligence, optimized procurement strategies, and strategic positioning for renewable energy projects.

Scale indicators20 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• SourceOne (Veolia): SourceOne is a large commercial and industrial energy procurement and management firm, now part of Veolia. It directly competes with Transparent Energy in C&I electricity and natural gas procurement, using structured RFPs and competitive supplier selection to deliver savings for large buyers.
• U.S. Energy Services: U.S. Energy Services is a commercial energy procurement firm that runs competitive supplier solicitations for schools, municipalities, and commercial buyers. It is a direct peer in the same B2B energy brokerage model, using multi-supplier bid processes to drive savings.
• Ascend Analytics: Ascend Analytics provides energy procurement, risk management, and analytics for utilities and large energy buyers, including renewable procurement and market intelligence. It overlaps with Transparent Energy in C&I procurement and renewable certificate trading.

Broad incumbents

• Schneider Electric (Resource Advisor): Schneider Electric's Resource Advisor platform offers enterprise energy management, procurement, sustainability and ESG reporting. It serves large enterprises with a much broader portfolio (hardware, software, services) but competes directly for procurement and sustainability budgets at large energy buyers.
• ENGIE Energy Solutions: ENGIE (which acquired SourceOne) provides energy procurement, supply, and energy management services for large commercial and industrial buyers. As a broad incumbent in the energy services market, ENGIE offers overlapping capabilities to Transparent Energy's customers, particularly via its retail supplier and procurement subsidiaries.
• Constellation Energy: Constellation is one of the largest competitive retail electricity suppliers in the U.S. and offers procurement and contract management for large commercial, industrial, and institutional buyers. As a vertically integrated supplier-incumbent, it competes with Transparent Energy's auction platform by offering direct supply.
• Direct Energy: Direct Energy (part of NRG Energy) is a major retail electricity and natural gas supplier serving commercial and industrial customers in deregulated markets. It competes with Transparent Energy both as a supplier and as a procurement services provider for large buyers.
• Shell Energy: Shell Energy provides electricity, natural gas, and environmental products to commercial and industrial customers in North America. As a broad incumbent retail supplier, it competes for the same procurement budgets as Transparent Energy, particularly for renewable PPAs and structured energy contracts.

Emerging players

• Leap: Leap is a digital energy marketplace for commercial and industrial buyers that uses technology-driven supplier matching. It overlaps with Transparent Energy's auction-based approach as an emerging, tech-first competitor targeting the same large buyer segment.
• Voltus: Voltus is a distributed energy resource (DER) and virtual power plant platform connecting commercial and industrial customers to grid services revenue. While its primary focus is demand response and DER monetization rather than commodity procurement, it is increasingly competing for the energy management budget at the same large buyer customers Transparent Energy serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Transparent_NRG
• Facebookfacebook.com/transparentenergy1
• LinkedInlinkedin.com/company/transparent-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Transparent Energy