Violation Tracker Individual Record
Company:
Reliant Energy, Inc.
Current Parent Company:
NRG Energy
Penalty:
$460,000,000
Year:
2005
Date:
August 15, 2005
Offense Group:
competition-related offenses
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.
