Home Tags Larry Coben

Tag: Larry Coben

NRG crushes Q1, residential shows progressive results

May 28, 2025Ken Showers, Managing Editor

HOUSTON — NRG Energy is surging out of the gate in 2025 with a record breaking Q1 performance and some welcome traction in its residential vertical led by Vivint Smart Home. Smart Home customer growth saw a 6% net increase and a strong margin expansion of 4% in Q1 2025 compared to the same period in 2024. The segment also saw a continuing record high retention rate of 90%. “Our results were driven by a mix of expanded margins, favorable weather and excellent commercial...

2025, First Quarter (Q1), Larry Coben, NRG Energy, Rasesh Patel, Vivint Smart Home