NRG Energy, Inc. (NYSE:NRG) Q1 2024 Earnings Call Transcript

Ryan Levine: And just one last question in terms of retail margin on electricity, the movement in ERCOT forward prices, do you think that will have any impact on the margin that you’ll ultimately be able to realize on that part of your business?

Dr. Larry Coben: Well, we’ve proven the ability to maintain strong retail margins through various curves. And so, we have a very sophisticated analytic engine that gives us insights into the price sensitivity of customers. And when you have sort of these orderly ships in power prices, we’re able to pass them on to consumers over time. So, we feel good about our muscle there.

Operator: This concludes our question-and-answer session. I would like to turn it back to Larry Coben, Chairman and Interim President and CEO, for closing remarks.

Dr. Larry Coben: Thank you all very much for joining us. I think you can hear the palpable excitement that we all feel here at NRG for the potential, and we look forward to continuing to deliver great results and executing on that upside in the days, months, and years ahead. Thank you all.

Operator: Thank you, ladies and gentlemen, for your participation in today’s conference. This concludes the program.