Hundreds of thousands of residential customers will see automatic price reductions
– By Abby Gessner –
For the second time in two months, Reliant Energy is lowering prices for current residential customers on month-to-month flex plans. Following this reduction, prices for many will have been reduced by as much as 20 percent since May 1.
“Helping our customers save on their energy bills during the hottest time of year is very important to us,” said Jason Few, president, Reliant Energy. “At Reliant, keeping prices affordable and providing useful tools and information to help customers control electricity usage are just two of the ways we lead in customer service.”
Reliant Energy first lowered prices up to 10 percent for most month-to-month plans in May following its acquisition by NRG Energy. The new lower prices announced today go into effect on July 1. With this new price reduction, coupled with the one in May, hundreds of thousands of residential customers will see automatic price reductions of as much as 20 percent.
“The only thing that these customers have to do to enjoy these lower prices is to remain a Reliant Energy customer,” Few added.
In addition to its latest automatic price reduction, Reliant Energy’s PowerTracker plan, currently offers one of the lowest prices in the market. For customers who want price security, Reliant offers term products that let customers lock in a low rate. Reliant’s new Secure Plans introduced this summer offer lower prices and include 20 percent Texas wind power at no additional cost.
“Texans can save money and help the environment at the same time by becoming Reliant customers,” Few said. “This is another example of how the new Reliant Energy delivers value to our customers.”
In Texas, reliant services nearly 1.8 million retail electricity customers including residential, small business, commercial, industrial, governmental and institutional customers. At 4,768 MW, Texas generates the 7th largest amount of nuclear powered electricity in the country.