CenterPoint Energy Announced Winner of 2016 ISGAN and GSGF Smart Grid Awards
2016-06-09T05:00:00Z

HOUSTON, June 9, 2016 - CenterPoint Energy Houston Electric, LLC (Houston Electric), an indirect, wholly-owned subsidiary of CenterPoint Energy, Inc. (NYSE: CNP), has been chosen as the winner of the International Smart Grid Action Network (ISGAN) 2016 Award of Excellence and the Global Smart Grid Federation (GSGF) Best Smart Grid Project for 2016.

“We are honored to receive the ISGAN Award of Excellence and GSGF Best Smart Grid Project Award,” said Kenny Mercado, senior vice president of CenterPoint Energy’s Electric Operations. “Through our smart grid, we have reduced outages by more than 134 million minutes, enabled restoration of more than 1.5 million outage cases without a customer phone call, and saved tens of millions of dollars in eliminated fees for more than 2.3 million metered customers in Southeast Texas.” 

CenterPoint Energy’s Smart Grid increases grid reliability, reduces average restoration time, saves consumers money, drives innovation in America’s most competitive electric market and supports the growth of renewable energy initiatives. The project has saved consumers more than $20 million per year in eliminated fees from service automation. It has also saved more than 1.4 million gallons of fuel which is equivalent to saving more than 13,000 tons of CO2 emissions.

“The CenterPoint Energy Smart Grid shows the tremendous value offered by smart grid systems that efficiently integrate advanced meters, intelligent switches, information and communications technologies, data analytics, grid management systems, and more to improve the flexibility, reliability and resilience of electricity service. It was the clear choice to win this year’s awards,” said Ronnie Belmans, executive director of GSGF.

Michele de Nigris, Chair of ISGAN’s Executive Committee said, “The CenterPoint Energy Smart Grid exemplifies this year’s competition theme of ‘Excellence in Smart Grids for Reliable Electricity Service,’ through its application of multiple technologies and approaches to reduce outages, increase performance, and save consumers money in a region known for its many severe weather events.”

CenterPoint Energy thanks the Public Utility Commission of Texas (PUCT) for their leadership in approving the deployment of advanced meters in 2008, when they described smart meters as a “critical component of the Texas electric market” in a report to the Texas Legislature.

CenterPoint Energy also thanks former City of Houston Mayor Bill White and his Task Force on Electric Reliability, which, following Hurricane Ike in 2008, determined that a smart grid “offers the best return-on-investment for improving grid resilience and enabling storm recovery.” CenterPoint Energy is also grateful to the U.S. Department of Energy, which awarded CenterPoint Energy one of only six $200 million Smart Grid Investment Grants in 2009, greatly accelerating the Smart Grid project.

In announcing that grant, former U.S. Secretary of the Interior Ken Salazar declared CenterPoint Energy to be “on the point of the spear in teaching the rest of the United States and the world how we can work with consumers to enhance their electrical usage.”

Finally, CenterPoint Energy recognizes and thanks its various technology partners, including ABB, GE Grid Solutions, IBM, Itron and Siemens for their contribution to CenterPoint Energy’s Smart Grid program.

ISGAN formally honored CenterPoint Energy at the Seventh Clean Energy Ministerial (CEM7) in San Francisco, Calif. on June 2.

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company also owns a 55.4 percent limited partner interest in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp.,  which owns, operates and develops natural gas and crude oil infrastructure assets. With more than 7,400 employees, CenterPoint Energy and its predecessor companies have been in business for more than 140 years. For more information, visit the website at www.CenterPointEnergy.com​



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CenterPoint Energy making progress restoring natural gas service following outage in northeast Texas

Houston – December 14, 2017 - CenterPoint Energy has made progress restoring service following a natural gas outage in northeast Texas that affected several thousand customers in and around Mt. Vernon, Mt. Pleasant, Winfield and Talco. The outage was the result of a service interruption from the company's natural gas supplier, which has been resolved.

"We completed the process of turning off each customer's natural gas meter and have begun the restoration process; we've been able to restore gas service to approximately 38% of impacted customers." said Mike Maxwell, district director for CenterPoint Energy. "Safety is our number-one priority as we continue working to restore service.

"As we begin, qualified service technicians will come to your home and/or business between 7 a.m. and 10 p.m. to perform a series of safety checks to ensure there is no risk involved in restoring gas service," Maxwell added.

"Once our safety checks are complete, we expect most service to be restored by Friday afternoon. We appreciate your patience as we work to restore service to your community," said Maxwell.

At this time, no action is required on the part of the customer. If an adult over age 18 is not at the service address when a technician arrives, the company will leave a door hanger with instructions. All CenterPoint Energy technicians wear badges and will gladly show them to you upon request before entering your home or business.

 

For updates, follow CenterPoint Energy on Twitter: @CNPAlerts and Facebook: Facebook.com/CenterPointEnergy.

CenterPoint Energy continues response to natural gas outage in northeast Texas

​Houston – December 13, 2017 - CenterPoint Energy is continuing to respond to a natural gas outage in northeast Texas that is affecting several thousand customers in and around Mt. Vernon, Mt. Pleasant, Winfield and Talco. The outage was the result of a service interruption from the company’s natural gas supplier, which has been resolved.
 
“Safety is our number-one priority as we work to restore natural gas service,” said Mike Maxwell, district director for CenterPoint Energy. “As part of our safety procedures, to ensure that there is no air in the natural gas distribution lines we started the process of turning off each customer’s natural gas meter this morning and anticipate completing this activity later today.
 
“We will then work to ensure that the natural gas distribution lines are clear of air. Once the lines are clear, our qualified service technicians will begin performing a series of safety checks to ensure there is no risk involved in restoring gas service,” Maxwell added. “To perform these inspections, CenterPoint Energy service technicians will need to enter each home or business. We have also brought in technicians from other parts of the state, as well as support from Arkansas, Oklahoma, Louisiana and Mississippi, to assist in restoring gas service.
 
“There is no need to call us as we make our initial assessments,” Maxwell said. “Once our safety checks are complete, we anticipate restoring service to most customers within 48 hours. At this time, no action is required on the part of the customer. If an adult over age 18 is not at the service address when a technician arrives, the company will leave a door hanger with instructions.”

​For safety reasons, the company urges customers not to turn any valves or tamper with the natural gas meter. Opening or turning any valves could allow air to enter the natural gas lines, which would hinder the restoration process.
For updates, follow CenterPoint Energy on Twitter: @CNPAlerts and Facebook.

CenterPoint Energy increases quarterly dividend 4 percent to 27.75 cents per shar

Houston – Dec. 13, 2017 - CenterPoint Energy, Inc. (NYSE: CNP) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.2775 per share of common stock, payable on March 8, 2018, to shareholders of record at the close of business on February 15, 2018. This represents approximately a 4 percent increase from the previous quarterly dividend of $0.2675, and if annualized, would equate to $1.11 per share.

"I am pleased that for the thirteenth consecutive year, CenterPoint Energy is raising its dividend," said Scott M. Prochazka, president and chief executive officer of CenterPoint Energy.  "This increase demonstrates a strong commitment to our shareholders and the confidence the board of directors has in our ability to deliver sustainable earnings and cash flow."

CenterPoint Energy will begin utilizing a standardized payment schedule for future dividends with dividends payable on the second Thursday of March, June, September and December to shareholders of record at the close of business on the third Thursday of February, May, August and November.   

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company also owns 54.1 percent of the common units representing limited partner interests in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp., which owns, operates and develops natural gas and crude oil infrastructure assets. With more than 7,700 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, please visit www.CenterPointEnergy.com.

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as annualized dividends per share, future earnings and cash flow, projected dividend record and payment dates, and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release.

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CenterPoint Energy reports natural gas outage for customers in northeast Texas

​​Houston – December 12, 2017 - CenterPoint Energy is experiencing a natural gas outage in northeast Texas that is affecting several thousand customers in and around Mt. Vernon, Mt. Pleasant, Winfield and Talco. The outage is a result of a service interruption from the company’s natural gas supplier.

“Safety is our number-one priority as we work to restore natural gas service,” said Mike Maxwell, district director for CenterPoint Energy. “As part of our safety procedures, to ensure that there is no air in the natural gas distribution lines we will begin the process of turning off each customer’s natural gas meter early tomorrow morning.

“We will then work to ensure that the natural gas distribution lines are clear of air. Once the lines are clear, our qualified service technicians will begin performing a series of safety checks to ensure there is no risk involved in restoring gas service,” Maxwell added. “To perform these inspections, CenterPoint Energy service technicians will need to enter each home or business. We have also brought in technicians from other parts of the state to assist in restoring gas service.

“There is no need to call us as we make our initial assessments,” Maxwell said. “Once our gas supply is restored, we anticipate restoring service to most customers within 48-72 hours. At this time, no action is required on the part of the customer. If an adult over age 18 is not at the service address when a technician arrives, the company will leave a door hanger with instructions.”

For safety reasons, the company urges customers not to turn any valves or tamper with the natural gas meter. Opening or turning any valves could allow air to enter the natural gas lines, which would hinder the restoration process.

For updates, follow CenterPoint Energy on Twitter: @CNPAlerts.​

CenterPoint Energy receives Tree Trust’s 2017 Community Partner Award

Minneapolis – Nov. 27, 2017 – CenterPoint Energy was recently honored with the 2017 Community Partner Award from Tree Trust in Minnesota.  For more than 20 years, CenterPoint Energy has supported the organization's Learning with Trees Program as it partners with local schools to create a more beautiful school environment. Tree Trust and CenterPoint Energy have also collaborated on building students' appreciation for the environment and the importance of paying it forward.  

"We are honored to receive the Community Partner Award and proud of our long-standing relationship with Tree Trust," said Doug Peterson, director of Home Service Plus® for CenterPoint Energy and Tree Trust board member.  "Tree Trust's mission to invest in our communities and the environment aligns well with our company's core values." 

Brad Tutunjian, vice president of Gas Operations in Minnesota, added, "Credit for this prestigious award goes to our employees who volunteer their personal time to support a healthy environment and vibrant communities. Tree Trust makes a positive, lasting impact across our state and we are proud to be its partner."

Tree Trust is a Minnesota non-profit organization founded in 1976. Its mission is to improve the community environment by investing in people. Tree Trust operates employment training programs that help disadvantaged youth and adults reshape their lives, environmental education programs that turn students into informed environmental leaders, and community forestry programs that empower people to take an active role in improving the local environment.

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company also owns 54.1 percent of the common and subordinated units representing limited partner interests in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp., which owns, operates and develops natural gas and crude oil infrastructure assets. With more than 7,700 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. The utility also operates a non-regulated business in Minnesota called Home Service Plus®. For more information, visit the website at CenterPointEnergy.com.