10:58 AM EDT, 09/11/2024 (MT Newswires) -- Vistra ( VST ) said Wednesday it has formed a partnership with Sunrun ( RUN ) on a residential battery aggregation program in Texas.
The TXU Energy & Sunrun Battery Rewards program will collect power stored in residential, solar-connected batteries, establishing a virtual power plant to send energy back to the grid during times of peak demand, the company said.
TXU Energy customers who opt into the program and have installed Sunrun ( RUN ) home solar panels and batteries will receive financial incentives for their participation while also continuing to benefit from TXU Energy's solar buyback plans.
Sunrun ( RUN ) shares were up 6.2% in recent trading, while Vistra ( VST ) fell 0.6%.
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