Pegler out as NRG Home Solar president

Kelcy Pegler Jr. has left his role as president of NRG Home Solar, the residential PV unit of NRG Energy, the company has confirmed.

An NRG spokesman tells Recharge the company is on track to announce a “resolution” for its residential PV business by the end of June.

"We can confirm that Kelcy is no longer with NRG," the spokesman says. "We wish him well in his future endeavors."

In 2014 New Jersey-based NRG acquired Pegler’s company, Roof Diagnostics Solar, in a bid to take on sector leaders SolarCity and Vivint Solar. But NRG Home Solar, as the acquired company was renamed, failed to perform as promised, leaving many investors concerned about NRG's green-focused strategy.

After seeing its stock plummet throughout 2015, NRG, the largest US independent power producer, announced a major reorganisation late last year. Having made a noisy push into new opportunities like distributed PV and electric vehicles, the New Jersey-based company suddenly said it would revert to its former emphasis on conventional power generation.

As part of its plan, NRG said it would spin off its residential PV and electric-vehicle businesses into a separate “GreenCo” unit, and perhaps sell them.

David Crane, NRG’s longstanding chief executive and the architect of its push into green energy, resigned in December.

Pegler’s departure comes amid a reported wave of resignations at NRG’s renewables and clean-tech units. Greentech Media reports that NRG Home Solar recently laid off its solar installation crews in San Diego, California.