STOCK TITAN

Texas Tech Chooses TXU Energy to Power the University System

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
TXU Energy, the #1 electricity choice of Texans, partners with Texas Tech University System to provide electricity, scholarships, and rebates for energy efficiency projects. The partnership aims to meet the unique needs of the university and its students in Lubbock.
Positive
  • None.
Negative
  • None.

Multi-year partnership includes scholarship funding and significant rebates for energy efficiency projects

LUBBOCK, Texas, Feb. 9, 2024 /PRNewswire/ -- TXU Energy, the #1 electricity choice of Texans, today announced it has been chosen as the energy provider of Texas Tech University. Through this multi-year partnership, TXU Energy will provide electricity to the Texas Tech University System (TTU System), including the Texas Tech University and Texas Tech University Health Sciences Center campuses located in Lubbock.

Through this leading-edge contract, the TTU System joins tens of thousands of its Lubbock neighbors being served by TXU Energy. The partnership is designed to meet the unique needs of the city's largest employer and thousands of students, with an investment in scholarships and significant rebates for energy efficiency projects.

"Since electricity choice arrived in Lubbock, we've kept it simple – offering straightforward, affordable electricity plans, backed by the strong reputation of a Texas company you can trust," said Gabe Castro, senior vice president of business markets for TXU Energy. "We're pleased to see this approach resonated with Texas Tech and that Red Raider Nation will soon join the millions of Texans who put their confidence in TXU Energy every day. Wreck 'em!"

In partnership with the TTU System, TXU Energy is proud to invest in scholarships. In addition, to help Texas Tech University meet its cost-savings and sustainability goals, TXU Energy will also provide Greenback dollars – rebates for making energy-efficiency improvements at university facilities. These dollars can fund new or existing energy efficiency projects and come with expert guidance on implementation.

As the #1 electricity choice of Texans, TXU Energy has earned a 5-star service rating - the highest rating from the independent Public Utility Commission of Texas (PUCT) and offers customers 24/7 service.

You can sign up for a Lubbock electricity plan online or call 800-TXU-SAVE.  

About TXU Energy

As the #1 electricity choice of Texans, we're passionate about creating experiences and solutions tailored to fit the needs of our customers, including electricity plans, online tools to help save, renewable energy options, and more. TXU Energy is also committed to cultivating a dynamic and enjoyable workplace where all our people can succeed. Visit txu.com for more. TXU Energy is a subsidiary of Vistra (NYSE: VST). REP #10004

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/texas-tech-chooses-txu-energy-to-power-the-university-system-302058780.html

SOURCE TXU Energy

FAQ

What is the significance of the partnership between TXU Energy and Texas Tech University System?

The partnership aims to provide electricity, scholarships, and rebates for energy efficiency projects to meet the unique needs of the university and its students in Lubbock.

What benefits does TXU Energy offer to Texas Tech University through the partnership?

TXU Energy will provide Greenback dollars for energy-efficiency improvements at university facilities, scholarships, and electricity services to help the university meet its cost-savings and sustainability goals.

How does TXU Energy support Texas Tech University's sustainability goals?

TXU Energy provides rebates for making energy-efficiency improvements at university facilities, helping the university achieve its sustainability goals.

What service rating has TXU Energy earned?

TXU Energy has earned a 5-star service rating from the independent Public Utility Commission of Texas (PUCT).

How can one sign up for a Lubbock electricity plan with TXU Energy?

One can sign up for a Lubbock electricity plan online or by calling 800-TXU-SAVE.

Vistra Corp.

NYSE:VST

VST Rankings

VST Latest News

VST Stock Data

32.36B
345.10M
0.63%
92.63%
3.47%
Electric Power Distribution
Utilities
Link
United States of America
IRVING

About VST

vistra energy is an integrated retail and generation company, with a strong balance sheet, positive cash flows and a strategy for growth. with a tradition of operational excellence from predecessor companies that go back more than a century and a vision for the future, vistra energy has unique expertise in customer relationships, commodity pricing, and risk management. the retail company serves 1.7 million residential and business customers in texas, backed by nearly 18,000 mw of a balanced generation portfolio in texas, including 2,300 mw fueled by nuclear power, 8,000 mw fueled by coal and 7,500 mw fueled by natural gas, and is a large purchaser of renewable power including wind and solar-generated electricity.