City Of Houston Signs New Electricity Supply Agreement With Reliant

The city of Houston has signed a new electricity supply agreement for Reliant, an NRG company, to power city hall and its other facilities for three years. In addition to saving the city roughly $30 million annually, the contract provides an opportunity to purchase renewable energy credits and supports the city’s Hire Houston First initiative.

“It’s a great deal for us,” Houston Mayor Annise Parker said about the agreement with Reliant. “Not only are we getting quality service at a competitive price, but we’re working with a home-grown electricity supplier like Reliant that is deeply involved in our community. We have a responsibility to the city and the people of Houston to do everything we can to keep jobs in our city and our partnership with Reliant does that. Selecting Reliant reinforces our Hire Houston First initiative, which grants preference to local businesses when awarding certain contracts.”

“We’re delighted to have earned the opportunity to continue serving the citizens of Houston,” said Jason Few, President of Reliant and Chief Customer Officer of NRG. “Reliant is uniquely positioned to meet the city’s energy needs with competitive prices, clean energy choices and innovative, customized solutions. Just as we do for our residential customers, we are providing tools and services to help the city better manage its electricity use, save money and maximize its purchase and use of renewable energy.”

For the past four years, Houston has led the nation in the amount of green energy it buys compared to other local governments in the United States, according to the EPA’s Green Power Partnership. The city’s contract with Reliant enables it to keep purchasing renewable energy credits (RECs) to reduce the environmental impact of its electricity use. Renewable energy credits are created when electricity is produced using resources such as wind, solar, biomass or hydro power. By purchasing RECs, the city ensures that an amount of electricity equal to what it consumes is generated from renewable sources.

Under the agreement, which begins July 2013, Reliant has committed to supporting the city’s Minority and Women-owned Business Enterprise program (MWBE) by purchasing 15 percent of the electricity needed to power the city from a certified MWBE.

Additionally, Reliant partners with the city on a number of programs that help make a true difference in the community, including school supply drives, Innovation Avenue, Beat the Heat Centers, and product donations, such as air-conditioning units and home energy monitors, to help Houston’s most vulnerable citizens during the hot summer months.

For more information about Reliant’s community commitment, visit reliant.com/community.

About Reliant:

Reliant provides electricity, energy services and smart energy solutions to more than 1.5 million retail customers including homes, businesses, manufacturing facilities, government entities and institutions in Texas, Delaware, the District of Columbia, Illinois, Maryland, Massachusetts, New Jersey and Pennsylvania. As part of NRG (NYSE: NRG), Reliant is backed by a Fortune 500 company that is at the forefront of changing how people think about and use energy. NRG is a pioneer in developing cleaner and smarter energy choices for its customers and its diverse power generating facilities can support over 20 million homes nationwide. For more information about Reliant products and services, visit www.reliant.com.

Copyright Business Wire 2010

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