Violation Tracker Individual Record

Company: 
Reliant Energy, Inc.
Current Parent Company: 
NRG Energy
Penalty: 
$460,000,000
Year: 
2005
Date: 
August 15, 2005
Primary Offense: 
energy market manipulation
Violation Description: 

The California Attorney General announced a $460 million settlement with Reliant Energy, Inc. to resolve claims the company gouged ratepayers, withheld power and manipulated electricity and natural gas prices during the California Energy Crisis of 2000-01. The AGs of Washington and Oregon also participated in the case.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Multistate Attorneys General Case
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
New Jersey
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
utilities and power generation
Specific Industry of Parent: 
energy generation
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.