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NRG Reports Increase In Total Home Customer Count, Decrease In Texas For Q2
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In reporting earnings for the quarter ending June 30, 2026, NRG Energy reported that it is serving 5.67 million Home retail energy customers as of 2Q26, up from 5.65 million as of 1Q26 and 5.63 million as of December 31, 2025
The Home retail energy customer data includes customers served through municipal aggregations
NRG reported that its Texas Home retail energy customer count as of 2Q26 was 2.82 million, down from 2.83 million as of
1Q26 and 2.86 million as of 4Q25.
NRG reported that its East/West/Other Home retail energy customer count as of 2Q26 was 2.85 million, up from 2.82 million as of 1Q26 and 2.77 million as of 4Q25
NRG reported that it had 2.45 million Smart Home customers as of 2Q26, up from 2.37 million as of 1Q26.
NRG reported its second quarter retail load and natural gas sales as follows:
NRG reported that NRG advanced its Bring Your Own Power (BYOP) strategy with, "a leading global cloud and AI hyperscaler," for development of a 1.2 GW power generation facility in ERCOT
"The parties are aligned on principal commercial terms for the development of a 1.2 GW combined cycle natural gas generation facility in Texas and remains subject to final documentation and approvals. This update highlights NRG's BYOP strategy of meeting large load growth through customer-backed generation investment to support grid reliability, energy affordability, and local communities," NRG said
NRG reported that this BYOP development has potential expansion to 2.4 GW, total, in Texas, and would have a 15-year minimum term
NRG reported the run-rate of this BYOP development as, for expected annual contribution at full operation, $500 MM Adj. EBITDA and $375 MM FCFbG
NRG also said that it has turbines and EPC secured for 5.4 GW of new build opportunities
NRG reported Adjusted EBITDA of $1,217 million for the second quarter of 2026, up from $909 million a year ago
In NRG's Texas segment, second quarter 2026 Adjusted EBITDA was $381 million, $131 million lower than the prior year, primarily driven by higher supply costs, mild winter weather, including a ~30% decrease in heating degree days as compared to the prior year leading to lower retail load, and additional operating expenses for new generation assets.
In NRG's East segment, second quarter 2026 Adjusted EBITDA was $469 million, $370 million higher than the prior year, primarily driven by the contribution of acquired LS Power generation assets and CPower and higher capacity prices for owned generation, partially offset by higher power supply costs during Winter Storm Fern and lower natural gas margins.
NRG reported that its Vivint Smart Home segment posted second quarter 2026 Adjusted EBITDA of $301 million, $42 million higher than the prior year period, driven by an increase in ending customer counts and higher monthly recurring service margin per customer
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NRG Reports Advancement Of BYOP Strategy With Hyperscaler for 1.2 GW CCGT in Texas
August 4, 2026
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Copyright 2026 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
2Q25 2Q26
Texas EWO Texas EWO
Power Load (TWh)
Home 10 4 9 4
Business 10 14 10 14
Total 20 18 20 18
2Q25 2Q26
Natural Gas Sales (MDths)
Total -- 364 -- 421
EWO = East/West/Other
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