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| Summary of Reliant Energy Business Services. |
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Second largest of 40+ Texas Electric Companies.
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Affiliate Retail Electric Provider for the Houston area.
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Has capacity to effectively serve residential up to large industrial.
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Reliant Energy is considered to be the second largest Retail Electric Provider in Texas. They serve approximately 1.9 million customers in Texas and own about 15,956 MW of generation capacity across 5 regions of the US. Reliant is the Affiliate Retail Electric Provider (A-REP) in the Houston area. This means that if a customer in the Houston area has not selected a competitive option for their power, they will by default pay Reliant Energy's inflated and regulated "Price to Beat" electric rate. Eisenbach Consulting works with Reliant Energy to bring commercial and industrial customers a more competitive electric rate than they may otherwise have paid.
Reliant Energy Business Services focuses on the small to medium commercial customers in Texas. While more competitive than their chief rival, TXU, Reliant Energy seems to rely on their well known brand to some degree rather than focus on driving their prices down to meet some of their rivals in the highly competitive deregulated market in Texas. Despite this, Reliant Energy has been very succesful in winning new business from markets previously not open to competition.
Reliant points to their "Savings, Service and Reliability" as reasons to do business with them. Savings is subjective, and when compared to many competitors, Reliant has some work to do. Reliant Energy has excellent service (customer service), especially compared to much of the competition which lacks the experience and size to adequately handle customer care. Reliability is a bit misleading, in our opinion. In this deregulated market, customers do not have to worry about the reliability of their service when selecting an electric provider. ERCOT, or the "Electric Reliability Council of Texas" takes great care in ensuring customers have safe, secure and reliable delivery of power regardless of who the Retail Electric Provider of record is.
One of Reliant Energy's most common commercial products is a quasi "Price to Beat" which has a lower price but bundles in the TDSP charges which are normally "passed through". The problem with this product is that it makes it very difficult for a customer to have an apples to apples comparison between Reliant's "competitive" rate and the competition's "energy only" rate, which is the most common type of competitive electric rate. This is another reason why Eisenbach Consulting recommends that you allow us to help your business take bids from not just Reliant, but numerous other Texas electric companies in order to present you with a true apples to apples comparison of commercial electric rates.
If you wish to lock-in the best rates for electricity in Texas, please contact Eisenbach Consulting for help in selecting from among the best Texas electric companies and rates for your business.
Information provided represents opinions and judgements obtained from respective information provider(s), and is not intended to be taken as fact. Opinions may vary. Eisenbach Consulting neither endorses nor is responsible for the accuracy or reliability of any opinion or statement made herein. Under no circumstances will Eisenbach COnsulting be liable for any loss or damage caused by reliance on information obtained through Eisenbach Consulting. It is the responsibility of the user to evaluate the accuracy, completeness or usefulness of any information, opinion or other content.
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Reliant Energy Business Services
Parent Company: Reliant Energy, Inc.
Ticker symbol: NYSE:RRI
Headquarters: Houston, Texas
Year founded: 2000
PUC Certificate: 10006
Markets served: Texas, Pennsylvania, New Jersey, Maryland
Segments served: Residential, Commercial, Industrial
Products: Price to Beat, Fixed, MCPE, Heat Rate, Custom
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