Draft:Chariot Energy
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Last edited by Edgar at ChariotEnergy (talk | contribs) 5 days ago. (Update) |
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Electric utilities |
| Founded | 2019 |
Area served | Texas, U.S. |
| Parent | 174 Power Global |
| Website | chariotenergy.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
[edit]Chariot Energy operates within the deregulated Texas electricity market under the oversight of the Electric Reliability Council of Texas (ERCOT)[3]. The company provides 100% renewable energy to customers in Texas[4]. The CEO of the company is In Kyu Park[5].
History
[edit]Chariot Energy was founded in 2019, being named as a retail affiliate of 174 Power Global to facilitate the delivery of electricity across Texas[6]. 174 Power Global is an affiliate of the South Korean conglomerate, Hanwha Group[7]. This came after the approval of an amendment to the retail electric provider (REP) certificate held by 174 Power Global Retail Texas, LLC[8]. 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[13].
In September 2020, Chariot Energy announced the collaboration with the University of Texas at Austin to further research how artificial intelligence could be used in the electricity buyer's journey for Texans[14].
In early 2024, Chariot Energy relocated its offices to 5051 Westheimer Road, Galleria Tower 2, in Houston, Texas[15].
Recognition
[edit]- At S&P Global's CERAWeek 2024, Chariot Energy spoke at a session focusing on the Energy Transition & Grid Reliability in Texas[16].
- At 2024's Energy Marketing Conference, Chariot Energy was recognized as Energy Supplier of the Year[17].
Rating and Reviews
[edit]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[18].
 | This user has publicly declared that they have a conflict of interest regarding the Wikipedia article Chariot Energy. |
References
[edit]- ^ "Chariot Energy | Solar Rates, Plan Details, and Reviews". SaveOnEnergy.com. Retrieved 2024-09-05.
- ^ "Hanwha Energy and Total SE Join Hands to Expand in the U.S. Renewable Energy Market". hanwha.com. Retrieved 2024-09-05.
- ^ "Compare Forth Worth Electricity Rates (August 2024)". EcoWatch. 2023-12-14. Retrieved 2024-09-05.
- ^ "Chariot Energy | Find plans Today on ChooseTexasPower". www.choosetexaspower.org. Retrieved 2024-09-05.
- ^ "In Kyu Park - Chief Executive Officer at Chariot Energy". THE ORG. Retrieved 2024-09-05.
- ^ "174 Power Global and Chariot Energy Announce New Solar Initiatives in Texas". businesswire.com. Retrieved 2024-09-05.
- ^ "Total and 174 Power Global to Jointly Develop 1.6 GW of Solar and Energy Storage Projects in the U.S." TotalEnergies.com. 2021-01-14. Retrieved 2024-09-05.
- ^ "174 POWER GLOBAL RETAIL TEXAS, LLC - United States". globalfinreg.com. Retrieved 2024-09-05.
- ^ Sixel, L.M. "California Solar Company Sews Up Financing for New Solar Farm in Texas". chron.com. Retrieved 2024-09-06.
- ^ Misbrener, Kelsey (2019-06-20). "174 Power Global breaks ground on 150-MW solar project in West Texas". Solar Power World. Retrieved 2024-09-05.
- ^ Maye Handy, Ryan. "Construction Begins on Largest Utility-Scale Solar Project in Texas". chron.com. Retrieved 2024-09-06.
- ^ Sixel, L.M. "Power Shopping Site Slow to Reflect New Rates". chron.com. Retrieved 2024-09-06.
- ^ Misbrener, Kelsey (2020-08-19). "174 Power Global completes 180-MW Texas solar project". Solar Power World. Retrieved 2024-09-05.
- ^ "Chariot Energy Announces Collaboration with The University of Texas at Austin to Further Advance its Smart Technology Platform". businesswire.com. Retrieved 2024-09-05.
- ^ "Solar Energy Company Signs Lease for Entire Floor at Galleria-Area Office Tower". costar.com. Retrieved 2024-09-06.
- ^ "Chariot Energy | Energy Transition & Grid Reliabilty". CERAWeek. Retrieved 2024-09-05.
- ^ "Energy Marketing Conferences Announces Winner of Competitive Energy Supplier of the Year Award at EMC21 in Houston". wfxrtv.com. Retrieved 2024-09-05.
- ^ "Chariot Energy | Better Business Bureau® Profile". www.bbb.org. Retrieved 2024-09-06.