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Draft:Chariot Energy

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  • Comment: Quite remarkably, given that there are 18 (!) sources cited in this draft, not a single one of them contributes anything towards notability per WP:NCORP. DoubleGrazing (talk) 16:06, 22 October 2024 (UTC)

174 Power Global Texas, LLC
d/b/a Chariot Energy
Company typeSubsidiary
IndustryElectric utilities
Founded2019
Area served
Texas, U.S.
Parent174 Power Global
Websitechariotenergy.com

Chariot Energy is a retail electricity provider based in Houston, Texas[1]. Established in

2019, Chariot Energy operates as a subsidiary of 174 Power Global[2].

Overview

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Chariot Energy operates within the deregulated Texas electricity market under the oversight of the Electric Reliability Council of Texas (ERCOT)[3]. Texas is one of 18 states in the country that uses some level of deregulation, while no market in the country is completely deregulated[4]. The company provides 100% renewable energy to customers in Texas[5]. The CEO of the company is In Kyu Park[6].

History

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Chariot Energy was founded in 2019, being named as a retail affiliate of 174 Power Global to facilitate the delivery of electricity across Texas[7]. 174 Power Global is an affiliate of the South Korean conglomerate, Hanwha Group[8]. This came after the approval of an amendment to the retail electric provider (REP) certificate held by 174 Power Global Retail Texas, LLC[2]. This certificate gave the company the authority to use the trade name, Chariot Energy[9].

In June 2019, 174 Power Global announced plans to construct the Oberon Solar Power Facility on 1,500 acres in West Texas[10]. The facility, which includes 656,000 solar panels, was designed to produce 180 megawatts of power for up to 30,000 Texas homes[11]. Later that year, Chariot Energy began providing electricity to customers across Texas, particularly on The Public Utility Commission of Texas' (PUCT) Power to Choose website[12].

By August 2020, the Oberon Solar Power Facility was completed, and a power purchase agreement (PPA) was in place between 174 Power Global and Chariot Energy for 30 megawatts of solar energy[10].

In early 2024, Chariot Energy relocated its offices to 5051 Westheimer Road, Galleria Tower 2, in Houston, Texas[13].

Recognition

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  • At S&P Global's CERAWeek 2024, Chariot Energy spoke at a session focusing on the Energy Transition & Grid Reliability in Texas[14].
  • At 2024's Energy Marketing Conference, Chariot Energy was recognized as Energy Supplier of the Year[15].

Rating and Reviews

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Chariot Energy has received an A+ rating from the Better Business Bureau. The BBB reports 10 complaints against the company in the last 3 years[16]

References

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  1. ^ "Chariot Energy". Crunchbase. Retrieved 2024-11-01.
  2. ^ a b "Public Utility Commission of Texas Filing Receipt" (PDF). Public Utility Commission of Texas. Retrieved 2024-11-01.
  3. ^ "Compare Forth Worth Electricity Rates (August 2024)". EcoWatch. 2023-12-14. Retrieved 2024-09-05.
  4. ^ "State-by-State Look at Energy Regulation in the U.S." Spark Energy. 2017-07-05. Retrieved 2024-11-01.
  5. ^ "Chariot Energy | Find plans Today on ChooseTexasPower". Choose Texas Power. Retrieved 2024-09-05.
  6. ^ "In Kyu Park - Chief Executive Officer at Chariot Energy". THE ORG. Retrieved 2024-09-05.
  7. ^ "174 Power Global and Chariot Energy Announce New Solar Initiatives in Texas". Business Wire. Retrieved 2024-09-05.
  8. ^ "174 Power Global". Crunchbase. Retrieved 2024-11-01.
  9. ^ "Buying Renewable Power". Power to Choose. Retrieved 2024-11-01.
  10. ^ a b Misbrener, Kelsey (2020-08-19). "Ector County Solar Farm Breaks Ground". Odessa American. Retrieved 2024-11-01.
  11. ^ Maye Handy, Ryan. "Construction Begins on Largest Utility-Scale Solar Project in Texas". Houston Chronicle. Retrieved 2024-09-06.
  12. ^ Sixel, L.M. "Power Shopping Site Slow to Reflect New Rates". Houston Chronicle. Retrieved 2024-09-06.
  13. ^ "Chariot Energy to Move Headquarters to Galleria Office Tower". Houston Business Journal. Retrieved 2024-11-01.
  14. ^ "Chariot Energy | Energy Transition & Grid Reliabilty". CERAWeek. Retrieved 2024-09-05.
  15. ^ "Energy Marketing Conferences Announces Winner of Competitive Energy Supplier of the Year Award at EMC21 in Houston". Energy Marketing Conferences. Retrieved 2024-11-01.
  16. ^ "Chariot Energy | Better Business Bureau® Profile". Better Business Bureau. Retrieved 2024-09-06.