10 Most Profitable Renewable Energy Stocks Now

8. Vistra Corp. (NYSE:VST)  

Upside Potential: 6.01%  

5-Year Net Income CAGR: 31.98%  

TTM Net Income: $2.03 Billion  

Vistra Corp. (NYSE:VST) is a vertically integrated energy company based in Texas that operates a diverse energy portfolio. The company provides electricity and natural gas to residential, commercial, and industrial customers, The company also manages battery energy storage facilities.

On September 11, Vistra Corp. (NYSE:VST) announced a new initiative in collaboration with Sunrun. The initiative, named the TXU Energy & Sunrun Battery Rewards program, aims to create a virtual power plant by connecting solar-powered residential batteries. This virtual power plant will pool stored energy from these batteries to be discharged back to the grid during periods of peak demand.

The program is structured to provide benefits to both Vistra Corp.’s (NYSE:VST) customers and the overall grid. Homeowners participating in the program will earn financial incentives to maintain control of their systems during power outages or severe weather. This ensures a reliable energy source when it’s most needed. Additionally, these customers can continue taking advantage of TXU Energy’s solar buyback plans, which provide credits for excess electricity added to the grid.

The partnership between Vistra Corp. (NYSE:VST) and Sunrun represents a significant advancement in the energy sector. Sunrun has over 116,000 installed systems and a strong track record in incentivizing customers to support local power grids.

This program helps Vistra Corp. (NYSE:VST) to manage costs during peak demand by leveraging residential solar batteries instead of relying on more expensive energy-generation methods like natural gas or coal. This approach not only supports sustainability but also reduces overall operational costs for the company.