Who owns Green Mountain Energy?
Green Mountain Energy is a United States company that sells electricity products, carbon offsets, and sustainable energy. Green Mountain Energy signed a two-year agreement to provide 100% renewable energy to the Empire State Building, the largest commercial green power purchase in New York City at that time Who owns Green Mountain Energy? Green Mountain Energy…
Green Mountain Energy is a United States company that sells electricity products, carbon offsets, and sustainable energy. Green Mountain Energy signed a two-year agreement to provide 100% renewable energy to the Empire State Building, the largest commercial green power purchase in New York City at that time
Who owns Green Mountain Energy?
Green Mountain Energy was acquired by NRG Energy for $350 million. At that time Green Mountain Energy operated as a standalone subsidiary of NRG but now operates as one of NRG’s brands. Green Mountain Energy was founded in Vermont in 1997 as an offshoot of Green Mountain Power to take advantage of the deregulation of the Texas electricity market. In September 2000, the company moved its headquarters to Austin, Texas.
In May 2009 the company launched a “Renewable Rewards” Buy-Back program, which credits customers with renewable generation facilities in their homes for excess energy their facility sen
Green Mountain’s commercial and industrial division offers products to customers in Texas, New York, and Pennsylvania. The commercial division began in 2004. In 2011, a new division, Green Mountain Energy Solutions, was launched. The company also has a “Sun Club” where they donate solar and renewable energies to nonprofit organizations.
