Reliant Energy Retail Services, LLC Smart Grid Project
| Awardee | Reliant Energy Retail Services, LLC |
|---|---|
| Award Negotiation Status | Awarded |
| Headquarters Location for Lead Applicant |
Houston, Texas |
| Recovery Act Funding Awarded | $19,839,689 |
| Total Project Value Including Cost Share |
$63,696,548 |
| ARRA Funding Percentage | 31.1% |
Company Overview
Reliant Energy Retail Services, LLC, located in Houston, Texas, will receive $19.9 million in funding to develop a smarter energy grid. The U.S. Department of Energy selected Reliant Energy as one of 100 companies to receive federal stimulus funds as part of the American Recovery and Reinvestment Act of 2009. The stimulus funds will be used to install a suite of smart meter products, enabling customers to manage their electricity usage, promote energy efficiency, and lower overall energy costs.
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