NRG Launches Renewable Select, Simplified Renewables without the PPA
October 18 2018 - 9:00AM
Business Wire
NRG Energy, Inc. (NYSE: NRG) announces the availability of
Renewable Select, simplifying the renewables procurement process
and making it easier for businesses to choose renewable energy. The
plan transforms the lengthy and complex traditional energy
procurement process into a cost competitive, easy to execute
transaction.
Today’s customers demand renewable energy at grid parity to meet
their fiscal requirements while achieving their sustainability
goals. Renewable Select uniquely delivers to customers:
- A standard contract with
straightforward terms, no need to sign a power purchase agreement
(PPA)
- Renewable energy procured in the amount
desired, no large commitments required
- A simplified corporate approval
process, no lengthy 20-year contracts
- A single, consolidated bill, no
juggling multiple bills by electricity source
- The ability to point to the physical
location where your renewable electricity is produced and even the
opportunity to receive naming rights
Renewable Select is the future of clean energy – built and
tailored for business. The plan breaks down and removes the
barriers that typically impede the procurement of wind and solar
energy, such as untenable contract sizes or lengths, difficult
building logistics or complex financial transactions.
At NRG, we deliver forward-thinking products such as Renewable
Select thanks to our expertise in generation and retail and the
integrated platform that unites the two. For more information,
visit Renewable Select.
About NRG
At NRG, we’re redefining power by putting customers at the
center of everything we do. We create value by generating
electricity and serving nearly 3 million residential and commercial
customers through our portfolio of retail electricity brands. A
Fortune 500 company, NRG delivers customer-focused solutions for
managing electricity, while enhancing energy choice and working
towards a sustainable energy future. More information is available
at www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow
us on Twitter @nrgenergy, @nrginsight.
Safe Harbor
This communication contains forward-looking statements that may
state NRG’s or its management’s intentions, beliefs, expectations
or predictions for the future. Such forward-looking statements are
subject to certain risks, uncertainties and assumptions, and
typically can be identified by the use of words such as “will,”
“expect,” “estimate,” “anticipate,” “forecast,” “plan,” “believe”
and similar terms. Although NRG believes that its expectations are
reasonable, it can give no assurance that these expectations will
prove to have been correct, and actual results may vary materially.
Factors that could cause actual results to differ materially from
those contemplated above include, among others, risks and
uncertainties related to the capital markets generally.
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Media:Marijke Shugrue609.524.5262orCandice
Adams609.524.5428
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