Houston-based Reliant Energy Services Inc. will supply most ofthe gas needed by the Los Angeles Department of Water and Power(LADWP) and maximize the municipal utility’s gas assets. A one-yearagreement calls for Reliant Energy to provide a minimum of 9Bcf/year as well as administer the department’s interstate gastransportation agreements. The gas to be purchased is worth about$25 million.

“We were looking for an experienced energy company to help uslower our fuel costs and maximize the value of our natural gasassets,” said S. David Freeman, LADWP general manager. “In today’sderegulated energy market, we need every advantage to providecompetitively priced, reliable energy to our customers and webelieve Reliant Energy Services Inc. will help give us thatadvantage.”

“LADWP is the largest municipal utility in the nation and we’reexcited to be working together to manage its gas supply and othernatural gas assets,” said Tami Pallas, Reliant Energy Servicessenior vice president.

The Los Angeles Department of Water and Power is the largestmunicipally-owned utility in the nation with annual revenuesexceeding $2.6 billion. The LADWP provides water and electricity tonearly 3.8 million residents and businesses in the 464-square-mileCity of Los Angeles. The utility supplies more than 23 millionmegawatt hours of electricity a year for its customers.

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