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Violation Tracker Individual Record

Company: Reliant Energy, Inc.
Current Parent Company: NRG Energy
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Penalty: $460,000,000
Year: 2005
Date: August 15, 2005
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary 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 Current Parent: USA
HQ State of Current Parent: New Jersey
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: utilities and power generation
Specific Industry of Current Parent: energy generation
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.