On July 15, Vistra announced that its family of retail electric brands will donate $1 million to help Texans impacted by Hurricane Beryl. The donation will be divided between Vistra’s charity and social services partners, who will work directly with people to provide assistance with supplies and food, and Vista’s own Energy Aid program to […]
On Thursday, May 30, Vistra announced its intention to add up to 2,000 MW of dispatchable, natural-gas-fueled electric generation capacity in West, Central and North Texas. The announcement included 860 MW of new gas plants, repowering a retiring coal into gas enabling up to 600 MW, and 500MW of summer capacity upgrades to existing gas […]
On Friday, March 1, Vistra announced that it has completed the acquisition of Energy Harbor Corp., growing its leading integrated zero-carbon generation and retail electricity business with the addition of approximately 4,000 megawatts of 24/7 nuclear generation and approximately 1 million additional retail customers. Additional information on the acquisition can be found on our release: https://investor.vistracorp.com/2024-03-01-Vistra-Completes-Energy-Harbor-Acquisition
On February 19, Vistra received approval from the Federal Energy Regulatory Commission (FERC) to acquire Energy Harbor, which includes a 4,000-megawatt nuclear generation fleet and retail business of ~1 million customers. FERC’s approval was the last regulatory approval needed for the companies to close the transaction. Vistra anticipates closing in the coming weeks.
On March 6, Vistra announced that it has executed a definitive agreement with Energy Harbor Corp., pursuant to which Energy Harbor will merge with and into a newly-formed subsidiary of Vistra. This combination creates a leading integrated retail electricity and zero-carbon generation company with the second-largest competitive nuclear fleet in the country, along with a […]
TXU Energy announced the launch of TXU Energy EV PassSM. The company’s first plan designed specifically for electric vehicle owners gives customers 50% off all energy charges every weeknight and all weekend long – providing automatic bill credits at times when customers are normally charging their vehicles. See release for more details.
Vistra’s Scott Hudson, President Retail, testified before the Pennsylvania House Consumer Affairs Committee in their hearing on the “State of the Electricity Market”, noting the 25th anniversary of the Electricity Generation Customer Choice and Competition Act. Hudson noted the great benefits competition has brought to Pennsylvania consumers and how the advent of electric competition was […]
TXU Energy is assuring residential customers that they will not see any near-term impact on their rates due to this winter weather event. While some may experience higher than normal bills due to higher usage during this cold weather period in February, we expect our customers will be insulated from storm-related rate increases. See attached […]