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Vistra Announces $5 Million Donation to Assist Texans Impacted by Winter Storms

IRVING, Texas, Feb. 20, 2021 /PRNewswire/ --A Vistra (NYSE: VST) today is announcing a $5 million commitment to help Texas communities and customers across its many retail brands, including TXU Energy and Ambit. The company is providing direct donations to social service agencies across the state along with bill-payment assistance for customers in need.
Vistra Announces $5 Million Donation to Assist Texans Impacted by Winter Storms
"Even as power has returned and the electric grid has stabilized, so many Texans are dealing with cleanup and hardships brought on by the extended winter weather," said Curt Morgan, chief executive officer of Vistra. "We know that every dollar that can be directed elsewhere is helpful. By partnering with social service agencies throughout Texas, we can quickly and effectively help the most people."The $5 million donation will directly assist communities and individuals to meet their most pressing needs, including support for food banks and food pantries, critical needs, bill-payment assistance, and more. Additionally, Vistra is assuring residential customers across its retail brands that they will not see any near-term impact on their rates due to this winter weather event. While some may experience higher than normal bills due to higher usage during this cold weather period in February, we expect our customers will be insulated from storm-related rate increases.
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