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1950-1959
A brief history of CenterPoint Energy

1959

  • Minneapolis Gas Co. first used the unofficial name of Minnegasco and used an Indian maiden icon to create a modern, helpful image.

1957

  • Houston voters approved a new 50-year franchise for HL&P during a special election on July 27; franchise became effective October 1.
  • Clute became the first city outside Houston to grant HL&P a new 50-year franchise on October 10.

1955

  • Peak demand for electricity in Houston surpassed one million kilowatts for the first time, between 1 and 2 p.m. on June 27.
  • 400,000th electricity customer meter installed in Houston area on September 30.

1953

  • Arkansas Louisiana Gas was established as a publicly owned corporation on an order of the SEC under the Public Utility Holding Company Act, and the stock is listed on the American Stock Exchange.