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A pair of Houston-based power generators allege in a lawsuit filed this week in state court that a new transmission line planned for the Houston area is expensive and unnecessary.
The company, which both generates power and supplies it to retail customers, also saw its net income for 2014 rise to $134 million, up from a $386 million loss in 2013.
Many Texans receive penalty fees on their electric bills for not using enough power.
Houston-based CenterPoint Energy had argued the 130-mile line was critical to ensuring the long-term access to reliable electricity in the Houston region.
NRG Energy has tapped veteran Washington lobbyist Steve McBee to lead its newly-created NRG Home division.
In a call Wednesday, executives at NRG Energy discussed third-quarter results held back by a cool summer before offering a very hot projection for growth in the company’s home solar business.
State regulators could decide as soon as next month whether a proposed $590 million transmission line to the Houston area will be allowed to move forward.
Officials at the nonprofit say the savings from going solar will be redirected back into its mission.
The state’s power grid experienced rotating outages for the first time since 2011 late Wednesday afternoon after a pair of power plants went offline.
NRG Energy Inc. suffered a $97 million in the second quarter, the company reported Thursday as it outlined plans to reorganize.