Reliant Energy

About Reliant Energy

Reliant Energy is a retail power marketer located in Houston, Texas and serving customers in 11 states in the nation including in major cities like New York, Chicago, Houston, Philadelphia, and San Antonio. On average, Reliant Energy's consumers pay a residential electricity rate of 17.23 cents per kilowatt hour, resulting in the company ranking 2463rd out of 2885 in the nation for average electricity price. Of the 54,463,507 megawatt hours the provider sold and dispossessed, 95.06% were from sales to end users. The electricity sourced by Reliant Energy is made up primarily of megawatt hours they purchased on the wholesale electricity market. Of the electricity sourced by the company, whole purchased made up 100.00%. The total revenue for Reliant Energy for 2023 from electricity sales was $6,063,633,500, with 100.00% coming from retail sales to end users.

The average monthly residential electricity bill for a customer of Reliant Energy is $191.34 per month, while the nationwide average is $143.38. Customers of the company pay 33.45% more compared to other citizens of the country. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other companies.