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Reliant EnergyReliant Energy, headquartered in Houston, TX, provides electricity and energy services to retail and wholesale customers in the U.S. In April 2004, the U.S. Department of Justice obtained an indictment of Reliant for price-gouging California consumers during the energy crisis in 2000-2001; the company is accused of shutting down power plants, causing widespread power "blackouts" that increased energy prices and Reliant's profits. Click here to read the indictment. In addition to the criminal indictment, Reliant has agreed to pay $125 million thus far to government regulators to settle allegations that the company manipulated energy markets. On May 19, Reliant received a contract to provide electricity to several military installations, despite being under federal indictment. Public Citizen has repeatedly urged the government to investigate why Reliant continues to receive lucrative contracts even while under indictment. Want to learn more about Reliant? Read our Got Juice? report from 2001, when Public Citizen first uncovered what Reliant was doing to California consumers. If you can stomach it, read transcripts of conversations by Reliant Energy traders, detailing their role in manipulating California consumers! Reliant is still in business today. And Public Citizen is still watchdogging them. To read our press releases and letters, please go to: June 8, 2005: Reliant Joins New Lobbying Group to Push Deregulation June 29, 2004: Public Citizen Urges Government to Revoke Electricity Contract With Reliant Energy July 6, 2004: Government Knew of Indictment But Awarded Contract Anyway July 16, 2004: Baltimore Officials Claim Criminal Indictment Not Grounds to Disqualify $67.3 Million Reliant Energy Contract July 28, 2004: Public Citizen Urges Maryland to Strengthen Its Licensing Process for Power Providers August 9, 2004: Maryland's Public Service Commission directs Reliant to respond to Public Citizen's allegations August 19, 2004: Reliant's answer to Maryland's Public Service Commission responding to Public Citizen's allegations August 24, 2004: Public Citizen responds to Reliant's answer to allegations more resources
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