NRG Energy generates and sells electricity to homes and businesses across North America, pairing a large retail business with its own fleet of power plants. Its retail brands, including Reliant, Direct Energy and Green Mountain Energy, sell fixed-rate and variable-rate power plans, while its Vivint unit installs and monitors smart home security systems. NRG's natural gas, coal and nuclear plants sell power into wholesale markets and supply much of the electricity its retail customers use, which cushions it against swings in wholesale prices. It earns money from monthly power bills, smart home subscriptions and wholesale power and capacity sales. NRG was founded in 1989 and is based in Houston, Texas.
Company Size
10,001+
Company Stage
IPO
Headquarters
Princeton, New Jersey
Founded
1989
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