NEW JERSEY
Vistra is guided by four core principles: we do business the right way, we work as a team, we compete to win, and we care about our stakeholders, including our customers, our communities where we work and live, our employees, and our investors.
Contacts
For key information and a primary point of contact for New Jersey, please contact our Government affairs team.
VST In New Jersey
Whether it’s our commitment to reduce carbon emissions, our focus on customer choice, or our belief in corporate transparency, we want you to know Vistra is powering a better way forward in New Jersey.
Factsheet
Vistra (NYSE: VST) combines an innovative, customer-centric approach to retail with a focus on safe, reliable, and efficient power generation. Through our retail subsidiaries, Vistra provides retail electric products to New Jersey consumers.
Key Issues
Vistra takes a leadership role in various advocacy efforts, providing a crucial perspective for all of our stakeholders.
Vistra in New Jersey
Vistra’s integrated retail and generation divisions operate under multiple brands in New Jersey. Our family of companies is proud to support the communities where our employees and customers live, work, and grow. We take pride in being a good neighbor, and strengthening the places where we have customers, where our valued employees live, and where we call home.
Services Provided:
- Retail Electric
- Retail Natural Gas
- Electric Generation
Retail Customer Classes Served:
- Residential
- Small & Medium Business
- Large Commercial &Industrial
- Government / Public
Generation Facilities:
Total: 1 facility @ 349 MW
Listing by Fuel Type:
- Gas: 1 facility @ 349 MW
Our Brands in New Jersey
Vistra is a leading Fortune 500 integrated retail electricity and power generation company that combines an innovative, customer-centric approach to retail with safe, reliable, diverse, and efficient power generation.
Luminant is one of the largest competitive power generation businesses in the country with a diverse portfolio of natural gas, nuclear, coal, solar, and energy storage facilities across 12 states.
Ambit is the largest energy-focused direct seller in America, with an impressive network of independent consultants.
New Jersey Gas & Electric is your one-stop shop for electricity with fixed-rate plans and extensive rewards.
TriEagle Energy, a retail electricity supplier, proudly powers homes and businesses across New Jersey.
Viridian Energy offers affordable, responsible energy options to our residential and small commercial energy customers that work with their budget goals and lifestyle.
Energy Rewards, a retail electricity supplier, proudly powers homes and businesses across Delaware.
Contacts
Colin Fitzsimmons
director, government affairs
colin.fitzsimmons@vistracorp.com
717-793-6164
Jeff Ferry
Senior Director, Government Affairs
jeffrey.ferry@vistracorp.com
217-519-4762
Sano Blocker
Senior Vice President, Government Affairs
sano.blocker@vistracorp.com
214-629-7642
Key Issues
Competitive Markets
We believe in the power of competition to spark innovation and unleash customer benefits and value.
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As such, we believe that markets should be allowed to function freely with minimal oversight and regulated only to the extent needed to ensure a fair and equitable treatment of market participants and customers.
Customer Protections
We believe that customers should be protected against bad actors in the market.
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As such, we believe that customer protection regulations should provide relief to customers in these situations. We believe that customer protections should be structured in such a way that does not inhibit innovation, prevent fair business practices or punish good actors operating in good faith.
Limited Income & Vulnerable Group Protections
We believe that certain groups of customers may require greater assistance and/or protections than other classes.
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Among these are limited income, elderly, and medical critical care customers. We support public and private programs to assist these customers with their energy needs and protections to ensure they have the energy they need to prevent life-threatening conditions.
EV & EV Infrastructure:
Vistra supports the adoption of electric vehicles and the build out of EV infrastructure, including charging stations.
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Vistra believes that EVs and EV infrastructure are competitive products and should be provided through the competitive market. While Vistra does not support subsidization of competitive products in general, if legislative or regulatory action is taken to provide out-of-market support to EVs or EV infrastructure Vistra believes that these out-of-market actions should be targeted, time limited and done outside of utility rates.
Out-of-Market Subsidies
We believe that the competitive market works best without outside interference. Out-of-market subsidies run counter to a well-functioning competitive electricity market.
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We recognize, however, that it is not always possible to avoid subsidies for various policy or political reasons. Therefore, should subsidies be implemented, we believe that such subsidies should be targeted, technology neutral, time limited and phased out as the rationale for the subsidized item becomes obsolete
Traditional Generation
We believe that coal, natural gas, nuclear and other “traditional” electric generation facilities continue to have a role to play in generating safe, reliable and secure power to customers.
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We believe these facilities operate best in competitive markets as part of a broad generation portfolio.
Renewable Generation
We understand that the generation methods of today will not always be the generation methods of tomorrow. We believe in pursuing economic and appropriate opportunities to integrate new generation technologies and approaches into the grid.
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We further believe that in competitive areas, such technologies or approaches should be backed by private investment and not subject to market distorting mandates or public subsidization.
Environment
We believe in operating our company and facilities in a clean and environmentally friendly manner. As such, we will always comply with existing environmental regulations.
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We further believe that any new environmental laws and regulations should be targeted, based on sound science, and that their costs be commensurate with the benefits obtained. Environmental reporting should be based on actual measured data, consolidated as much as possible and should not create an undue compliance burden.