New Roads Begins Partnership with NRG
City of New Roads Begins Partnership with NRG
Mayor Says Local Electricity Provider Helping to Stabilize Costs,
Further Support Community
NEW ROADS, La. – New Roads Mayor Robert Myer has announced that the city has begun purchasing its electricity for city residents and businesses from NRG, one of the nation’s leading integrated power companies, as of today (June 1).
The city approved the agreement back in November, ending a long-standing contract with Louisiana Energy and Power Authority (LEPA) and shifting its focus on a “historic” partnership with NRG. NRG is a Fortune 200 Company that manages a local office and oversees the Big Cajun I and Big Cajun II power plants that are located in Pointe Coupee Parish.
Mayor Myer said he began last year investigating possibilities of a new and favorable contract with NRG to provide energy for city residences and businesses. He also announced last year that the city would take over operations of the city municipal power plant, which was formerly operated by LEPA, in order to provide reliable backup power in the event of extended power outages, such as in the aftermath of major hurricanes and storms.
“This agreement gives financial stability to our city and provides a cost savings to our citizens. At the same time this partnership is good for NRG who is a major employer and major donor in our community, allowing them to continue to invest and re-invest in our people and local opportunities,” Myer said. “It is cliché, but it’s true – this is a win-win for everyone in New Roads.”
Senior Vice President of NRG Energy Jennifer Vosburg said the agreement extends her company’s commitment to making a positive impact on the City of New Roads.
“NRG is very proud to partner with the City of New Roads to bring local power to this city and all her inhabitants. We are very grateful to Mayor Myer and the New Roads City Council for giving us this opportunity to be good neighbors to the community in which we work and live,” Vosburg said.
“NRG is committed to supporting the growth of the City of New Roads through providing competitive power rates and ongoing support of economic development initiatives,” Vosburg added.
She noted that NRG currently serves approximately 300,000 customers in Louisiana through their wholesale contracts from a diverse mix of natural gas and coal-fired power. All totaled, the company operates 140 generating plants in 24 states, and is the third-leading developer of solar power in the United States.
Myer praised Public Works Director Sal Rinaudo and Assistant Public Works Director Paul Seawell for their roles in finalizing the agreement, as well as the city council, which voted unanimously for the new five-year contract.