“I’ve gotten the crap scared out of me at 4 am in the studio when I think I catch movement in my peripheral vision, and the dark man-shape that startled me turns out to be my very immobile Batsuit on a mannequin.” -Tom Richmond in this blog post.

Yes, he does have a Batsuit, and yes, he wears it.
I doubt he’ll be wearing it to Toonfest this year, though, although if he’s ever at the same Toonfest as Mike Peters(Mother Goose & Grimm), Mike has a Superman costume. They should totally coordinate costumes.