When was Reliant Energy founded?
Reliant Energy was created when Texas deregulated its energy market. In 2003, Houston Lighting & Power was divided into three new companies: Texas Genco took the power plants, CenterPoint Energy got the distribution system, and Reliant Energy was formed as a retail electricity provider to homes and businesses.
Does Reliant Energy have a lot of customers?
More than 1.5 million Texas electricity customers rely on Reliant Energy as their retail power provider for their homes of businesses.
How many states does Reliant Energy operate in?
Reliant Energy offers electricity plans in more than 50 Texas cities including many of the state's largest municipalities such as Houston, Dallas, Fort Worth, Arlington, Plano, and Round Rock.
Customers can choose from fixed-price plans, month-to-month plans, and renewable energy plans.
Does Reliant Energy have a parent company?
NRG Energy bought Reliant Energy in 2009, and today, Reliant Energy calls itself “an NRG company.” Interestingly, NRG Energy purchased Texas Genco three years earlier thus reassembling a large chunk of the old Houston Lighting & Power. NRG Energy purchased Green Mountain Energy in 2010 and solidified itself as the largest green energy provider in the US.
Six core values drive NRG Energy's business practice: safety, teamwork, respect, integrity, value creation, and exemplary leadership. NRG Energy is a Fortune 200 company that provides electricity to nearly 3 million residential and business customers, approximately half of them served by Reliant Energy.