Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  NRG Energy Inc    NRG

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

NRG ENERGY : Reliant Solar Solutions Brings Benefits of Solar Power to Homeowners

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/21/2011 | 04:35pm CEST

On the summer solstice, the day of the year with the most daylight, Reliant Energy launched Reliant Solar Solutions, a program that combines flexible leasing options with unique solar electricity plans to bring the benefits of residential solar power to Texas homeowners.

"Reliant Solar Solutions gives customers more control over their energy costs now and in the future," said Shirley Rouse, Vice President, Innovation, Reliant Energy. "Our flexible leasing options let customers choose how much money they want to put down and even gives them the option of pre-paying their lease. In addition to guaranteed annual electricity production from the system, we help our customers get the most from the sun with unique and flexible plans that pay customers for any extra electricity they produce."

The Reliant Solar Lease Program offers the benefits of home solar electricity without the high upfront costs of directly purchasing a system. Customers can choose how much they want to put down and even pre-pay their lease to lock-in a portion of their electricity costs.

Reliant's solar leasing option takes the risk out of residential solar by guaranteeing the electricity production of the system, covering repairs for the life of the lease and providing a network of professional installers. Each lease is customized to the individual homeowner based on a number of factors, including the size of the system, geographic location and electricity usage.

Reliant also offers its customers two solar electricity plans, the Reliant e-Sense? Sell-Back Plan and the Reliant Sell-Back Plan:

  • Reliant e-Sense? Sell-Back Plan - uses data provided by the customer's smart meter to offer on-peak and off-peak pricing. The plan has a single peak pricing period from 9 a.m. - 4 p.m., daily, which coincides with the time when solar panels produce the most electricity. All other times are off-peak. The sell-back price is the same as the energy charge for the first 500 kWh returned to the grid. Reliant will pay 5 cents per kWh for any additional electricity produced by the customer.
  • Reliant Sell-Back Plan - provides price security for 12 months plus Reliant purchases any surplus electricity the customer produces. Reliant provides a bill credit for the first 500 kWh of excess electricity that the customer generates at the full retail energy charge and pays 5 cents per kWh for any additional electricity that is returned to the grid.

About Reliant Energy

Reliant Energy provides electricity and energy services to more than 1.5 million retail customers--including homes, small and large businesses, manufacturing facilities, government entities and institutions across Texas. The company also offers service to commercial, industrial, governmental and institutional customers in the Northeast and is expanding to offer service to residential customers in the region. As part of NRG Energy, Inc. (NYSE: NRG), Reliant Energy is backed by one of the nation's largest power producers. NRG owns and operates 25,000 megawatts (MW) of generation capacity, including more than 11,000 MW of capacity in Texas. For more information about Reliant Energy products and services, visit www.reliant.com.

Reliant Energy
Pat Hammond, 713-537-2157


© Business Wire 2011
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NRG ENERGY INC
04/27 NRG ENERGY : To Build 110 MW of Hawaii Solar In Power Deal With Utility
04/26 Hawaiian Electric And NRG Reach Deal On 49 MW Solar Project
04/25 HECO signs deal to buy Haleiwa solar facility's power
04/25 NRG & Hawaiian Electric Agree on Huge O'ahu Solar Project
04/24 NRG ENERGY : & Hawaiian Electric Agree on Huge O’ahu Solar Project
04/19 FIRSTENERGY : LaBelle residents file federal lawsuit over coal waste dump
04/19 NRG ENERGY : Tonawanda leaders vow to redevelop the Huntley power plant site
04/18 NRG ENERGY : NRGs Petra Nova carbon capture facility begins operations in Texas
04/13 NRG ENERGY : Secretary of Energy Rick Perry and Governor of Texas Greg Abbott He..
04/12 NRG ENERGY, INC. : to Report First Quarter 2017 Financial Results on May 2, 2017
More news
Sector news : Electric Utilities - NEC
11:14a CENTRICA : UK industry group warns against 'ill-considered' energy market regula..
03:24aDJOrigin Quarterly Revenue Rises but Output Slips
04/27 Utilities say Westinghouse loan puts their reactor construction at risk
04/27DJSouthern's Georgia Power Objects to Westinghouse Bankruptcy Loan -- Update
04/27 Banco BPI says ECB wants further reduction of Angolan exposure
More sector news : Electric Utilities - NEC
News from SeekingAlpha
04/21 Growing Demand For Cleaner Electricity Will Spark The Next Natural Gas Boom
04/19 CALPINE : An Undervalued Competitive Power Generator
04/07 VALUATION DASHBOARD : Utilities - Update
04/07 NRG Energy declares $0.03 dividend
04/04 5 Stocks To Outperform The Market In Q2 - Cramer's Mad Money (4/3/17)
Advertisement
Financials ($)
Sales 2017 13 654 M
EBIT 2017 1 244 M
Net income 2017 75,1 M
Debt 2017 15 924 M
Yield 2017 0,71%
P/E ratio 2017 17,01
P/E ratio 2018 31,04
EV / Sales 2017 1,56x
EV / Sales 2018 1,50x
Capitalization 5 323 M
More Financials
Chart NRG ENERGY INC
Duration : Period :
NRG Energy Inc Technical Analysis Chart | NRG | US6293775085 | 4-Traders
Full-screen chart
Technical analysis trends NRG ENERGY INC
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 21,0 $
Spread / Average Target 25%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Mauricio Gutierrez President, Chief Executive Officer & Director
Lawrence Stephen Coben Chairman
Christopher S. Moser Senior Vice President-Operations
Kirkland B. Andrews Chief Financial Officer & Executive Vice President
Donna Benefield Senior Vice President- Information Technology
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
NRG ENERGY INC37.36%5 323
DUKE ENERGY CORP6.80%57 998
SOUTHERN CO1.79%49 831
DOMINION RESOURCES, IN..1.18%48 807
IBERDROLA SA5.84%46 296
PG&E CORPORATION10.71%34 354
More Results