HOUSTON, Sept. 20 /PRNewswire-FirstCall/ -- Two large, Texas
electricity aggregation groups, including a number of major public
entities, have chosen Reliant Energy to provide competitive electricity
supply to their members.
The organizations, Public Power Pool (P3) and Association Power (AP),
have a total of 147 members, including Harris County, the city of Dallas,
Dallas Independent School District and Dallas and Tarrant counties, with a
combined peak load of 500 megawatts and more than 8,000 service locations.
The contract terms vary and begin in January 2007.
"We conducted a thorough, competitive selection process that identified
Reliant as providing the best overall value and services to our members,"
said Donald Lee, executive director of the aggregation groups. "We are
confident that Reliant offered the best deal available in the market for
our members, as well as Reliant's ability to provide outstanding service."
"P3 and AP place a great deal of emphasis on the quality of overall
services to their members and to obtaining the most optimal unit cost for
electricity," said David Roylance, Reliant vice president, Commercial and
Industrial Marketing. "They recognize that accurate billing, responsive
customer service and competitive pricing contribute to keeping their
members' overall electricity supply expenditures low. Their selection of
Reliant underscores our ability to do these things well and provide the
benefits of competition."
P3 is a non-profit corporation created by local governments in Texas to
save taxpayer money by aggregating power usage to procure the best power
contracts at the lowest cost. AP provides the same service to a variety of
corporations and institutions. P3 has 78 members and AP has 69.
Reliant Energy, Inc. (NYSE: RRI) based in Houston, Texas, provides
electricity and energy services to retail and wholesale customers in the
United States. In Texas, the company provides service to approximately 1.9
million retail electricity customers, including residential and small
business customers and commercial, industrial, governmental and
institutional customers. Reliant also serves commercial, industrial,
governmental and institutional customers in the PJM (Pennsylvania, New
Jersey and Maryland) market.
The company is one of the largest independent power producers in the
nation with approximately 16,000 megawatts of power generation capacity in
operation across the United States. These strategically located generating
assets utilize natural gas, fuel oil and coal. For more information, visit
http://www.reliant.com/corporate .
SOURCE Reliant Energy
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Related links:
http://www.reliant.com/corporate
CONTACT:
Pat Hammond of Reliant Energy,
+1-713-497-7723; or Donald Lee of Public Power Pool and
Association Power, +1-512-233-5780
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