Public Power Pool and Association Power Choose Reliant Energy to Serve Electricity Aggregation Groups
Posted on: Wednesday, 20 September 2006, 15:01 CDT
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. 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 .
Reliant Energy
CONTACT: Pat Hammond of Reliant Energy, +1-713-497-7723; or Donald Leeof Public Power Pool and Association Power, +1-512-233-5780
Web site: http://www.reliant.com/corporate
Source: PRNewswire-FirstCall
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