Program provides opportunities for
customers across Texas to conserve
electricity during peak demand periods
IRVING,
Texas, Jan. 24, 2023 /PRNewswire/ -- Vistra
(NYSE: VST) today announced the expansion of its residential demand
response program in Texas,
enabling any customer with a compatible smart thermostat to
participate in real-time enhancement of grid reliability. This
network of customers with connected devices can automatically
reduce their power consumption when electricity demand is high –
helping to balance supply and demand – a crucial and flexible
component in meeting the growing power needs of Texans.
Through Vistra's flagship brand, the new TXU Energy Connected
ConservationSM program enables anyone with an
eligible thermostat to take a more significant role in energy
conservation. By agreeing to small, gradual, automatic temperature
adjustments during peak consumption periods, customers will help
conserve energy across Texas –
using less and saving more.
"Texas consumes more
electricity than any state in the country, and as the state's
population grows and more products are electrified, that appetite
for electricity grows along with it," said Sam Sen, vice president of Vistra's energy
transition solutions team. "Programs like TXU Energy Connected
ConservationSM empower savvy consumers
to save money and be part of the solution, making it possible to
pool their collective action and reduce electricity demand across
the state when the grid needs it most."
With TXU Energy Connected
ConservationSM, customer thermostats will be
automatically adjusted by no more than a few degrees for a short
period of time. The program is designed with the customer in mind,
offering total flexibility to opt out of a conservation event
anytime and control the thermostat manually.
Sen continued, "Vistra is fully committed to continuing our
leadership in the energy transition. We want to make smart devices
even smarter – enabling our customers to use their thermostats,
electric vehicles, and solar panels already in their homes as tools
to better meet their energy needs. As customer homes continue to
electrify, this program will be able to flex, offering even more
opportunities to reduce energy use and save."
For more information about TXU Energy's conservation
programs, please visit txu.com.
About Vistra
Vistra (NYSE: VST) is a leading Fortune
500 integrated retail electricity and power generation company
based in Irving, Texas, providing
essential resources for customers, commerce, and communities.
Vistra combines an innovative, customer-centric approach to retail
with safe, reliable, diverse, and efficient power generation. The
company brings its products and services to market in 20 states and
the District of Columbia,
including six of the seven competitive wholesale markets in the
U.S. Serving nearly 4.3 million residential, commercial, and
industrial retail customers with electricity and natural gas,
Vistra is one of the largest competitive electricity providers in
the country and offers over 50 renewable energy plans. The company
is also the largest competitive power generator in the U.S. with a
capacity of approximately 37,000 megawatts powered by a diverse
portfolio, including natural gas, nuclear, solar, and battery
energy storage facilities. In addition, Vistra is a large purchaser
of wind power. The company owns and operates the 400-MW/1,600-MWh
battery energy storage system in Moss
Landing, California, the largest of its kind in the world.
Vistra is guided by four core principles: we do business the right
way, we work as a team, we compete to win, and we care about our
stakeholders, including our customers, our communities where we
work and live, our employees, and our investors. Learn more about
our environmental, social, and governance efforts and read the
company's sustainability report at
https://www.vistracorp.com/sustainability/
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SOURCE Vistra Corp.