NRG Energy’s family of brands recently urged consumers to take action ahead of this winter season as the energy industry navigates volatile fuel costs. Fuel prices have a close relationship with wholesale electricity costs and can impact retail electricity pricing for consumers. According to the U.S. Energy Information Administration, home heating costs could rise 4% to 30% for most households, depending on their fuel source. Signing up for a fixed-rate plan can help consumers protect themselves against price volatility.
To help consumers prepare for potential wholesale price instability this winter, NRG issued media alerts in Texas, Pennsylvania, Illinois, Maryland, and Ohio. A copy of these alerts can be found below.
Customers facing economic hardship can reach out to their energy provider to discuss their electricity plan and arrange payment assistance options in preparation for the winter season.
WHAT: Reliant is helping residential and small commercial customers understand available options and resources as the price of natural gas has increased. Today’s natural gas prices are roughly 73% higher than they were one year ago, and winter natural gas bills are forecasted to be 30% higher than last year. The increases are heavily affected by low natural gas inventory and strong demand as we enter the winter season. Natural gas costs have a close relationship with wholesale electricity costs, which can affect retail electricity pricing for consumers.
Consumers can choose to sign up for a fixed-rate electricity plan, and research suggests those served under this kind of contract fare better than those who are not on a fixed-rate plan when wholesale electricity prices spike. Fixed-rate plans provide varying term lengths and protect customers from price spikes for the duration of their term.
Reliant offers a variety of plans and bill management options, including:
ACTION: Reliant wants everyone to have access to the electricity they need to live comfortably, regardless of their financial situation. Reliant urges customers who are not on fixed-rate plans to reach out early to ensure they are prepared for any changes caused by rising natural gas prices.
If customers experience a high bill or want to discuss personalized solutions, Reliant agents are ready to match them with a plan that fits their lifestyle and budget, or to arrange financial support or payment assistance if needed. Customers can contact Reliant 24/7 via online chat, at 1-866-222-7100, or on the Reliant app to learn more.
Winter Electricity Bills Expected to Rise Due to Higher Natural Gas Costs: NRG Urges Customers to Reach Out for Support
WHAT: NRG, one of the nation’s leading energy providers, is helping residential and small commercial customers understand available options and resources as the price of natural gas increases. The increases are significant and are driven by low natural gas inventory and strong demand as we enter the winter season. Natural gas costs have a close relationship to wholesale electricity costs, which can have a big impact on monthly electricity bills.
NRG offers many ways to help mitigate rising natural gas costs, including:
ACTION: NRG wants everyone to have access to the electricity they need to live comfortably, regardless of their financial situation. NRG encourages customers not on fixed-price plans to shop around and reach out early to ensure they are prepared for any changes caused by rising natural gas costs. NRG is ready to match customers with a plan that fits their lifestyle and budget. New and existing customers can contact NRGatpicknrg.com. If customers cannot find a product that fits their needs on picknrg.com they can shop other supplier offers using papowerswitch.com.
Low-income customers can apply for assistance through LIHEAP at1-866-857-7095.
WHAT: NRG, one of the nation’s leading energy providers, is helping residential and small commercial customers understand available options and resources as the price of natural gas increases. The increases are significant and are driven by low natural gas inventory and strong demand as we enter the winter season. Natural gas costs have a close relationship to wholesale electricity costs, which can have a big impact on monthly electricity bills.
NRG offers many ways to help mitigate rising natural gas costs, including:
ACTION: NRG wants everyone to have access to the electricity they need to live comfortably, regardless of their financial situation. NRG encourages customers not on fixed-price plans to shop around and reach out early to ensure they are prepared for any changes caused by rising natural gas costs. NRG is ready to match customers with a plan that fits their lifestyle and budget. New and existing customers can contact NRG at picknrg.com. If customers cannot find a product that fits their needs on picknrg.com they can shop other supplier offers using plugillinois.org.
Low-income customers can apply for assistance through the Illinois LIHEAP Hotline at 1-877-411-WARM (9276).
Winter Electricity Bills Expected to Rise Due to Higher Natural Gas Costs: NRG Urges Customers to Reach Out for Support
WHAT: NRG, one of the nation’s leading energy providers, is helping residential and small commercial customers understand available options and resources as the price of natural gas increases. The increases are significant and are driven by low natural gas inventory and strong demand as we enter the winter season. Natural gas costs have a close relationship to wholesale electricity costs, which can have a big impact on monthly electricity bills.
NRG offers many ways to help mitigate rising natural gas costs, including:
ACTION: NRG wants everyone to have access to the electricity they need to live comfortably, regardless of their financial situation. NRG encourages customers not on fixed-price plans to shop around and reach out early to ensure they are prepared for any changes caused by rising natural gas costs. NRG is ready to match customers with a plan that fits their lifestyle and budget. New and existing customers can contact NRG at picknrg.com. If customers cannot find a product that fits their needs on picknrg.com they can shop other supplier offers using mdelectricchoice.com.
Low-income customers can apply for assistance through the MEAP Hotline at 1-800-332-6347.
Winter Electricity Bills Expected to Rise Due to Higher Natural Gas Costs: NRG Urges Customers to Reach Out for Support
WHAT: NRG, one of the nation’s leading energy providers, is helping residential and small commercial customers understand available options and resources as the price of natural gas increases. The increases are significant and are driven by low natural gas inventory and strong demand as we enter the winter season. Natural gas costs have a close relationship to wholesale electricity costs, which can have a big impact on monthly electricity bills.
NRG offers many ways to help mitigate rising natural gas costs, including:
ACTION: NRG wants everyone to have access to the electricity they need to live comfortably, regardless of their financial situation. NRG encourages customers not on fixed-price plans to shop around and reach out early to ensure they are prepared for any changes caused by rising natural gas costs. NRG is ready to match customers with a plan that fits their lifestyle and budget. New and existing customers can contact NRG at picknrg.com. If customers cannot find a product that fits their needs on picknrg.com they can shop other supplier offers using energyswitchma.gov. Low-income customers can apply for assistance through the Cold Relief Hotline at 1-800-632-8175.
Winter Electricity Bills Expected to Rise Due to Higher Natural Gas Costs: NRG Urges Customers to Reach Out for Support
WHAT: NRG, one of the nation’s leading energy providers, is helping residential and small commercial customers understand available options and resources as the price of natural gas increases. The increases are significant and are driven by low natural gas inventory and strong demand as we enter the winter season. Natural gas costs have a close relationship to wholesale electricity costs, which can have a big impact on monthly electricity bills.
NRG offers many ways to help mitigate rising natural gas costs, including:
ACTION: NRG wants everyone to have access to the electricity they need to live comfortably, regardless of their financial situation. NRG encourages customers not on fixed-price plans to shop around and reach out early to ensure they are prepared for any changes caused by rising natural gas costs. NRG is ready to match customers with a plan that fits their lifestyle and budget. New and existing customers can contact NRG at picknrg.com. If customers cannot find a product that fits their needs on picknrg.com they can shop other supplier offers using energychoice.ohio.gov.
Low-income customers can apply for assistance through Ohio HEAP at 1-800-282-0880.
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