Houston Lighting & Power Co. (HL&P), later named Reliant Energy HL&P/Entex, was the single power and utility company that served Greater Houston of the U.S. state of Texas. It was a subsidiary of Houston Industries (HI, NYSE: HOU),[1] which later was renamed to Reliant Energy (REI). HL&P had a service area of 5,000 square miles (13,000 km2). In 1998 in terms of kilowatt-hour sales it was the tenth-largest energy company in the United States.[2]
History
It began operations in 1882.[3]
In 1999 Houston Industries changed its name to Reliant Energy.[4] Therefore HL&P was renamed Reliant Energy HL&P/Entex.
When the state of Texas deregulated the electricity market, HL&P was split into several companies.[5] In 2003 the company was split into Reliant Energy, Texas Genco, and CenterPoint Energy.[6] Texas Genco assumed control of the area's power plants.[5] CenterPoint assumed control of the poles and power lines. Reliant Energy took over the sales of electricity to businesses and individuals.[6]
Offices
Before the dissolution of the company, its headquarters were shared with Houston Industries in the Houston Industries Plaza, now the CenterPoint Energy Plaza in Downtown Houston.[7]
The Bob Lanier Public Works Building in Downtown Houston, formerly the Electric Building,[8] was previously the HL&P office building. In 1999 the City of Houston, which had acquired the building, renovated it for $43 million to house city government offices.[9]
References
Further reading
External links
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