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CenterPoint Energy offers new and increased rebates in Oklahoma
Offerings include rebates for converting equipment from electric to natural gas

HOUSTON – July 11, 2012 – CenterPoint Energy’s natural gas customers now have an even greater incentive to save energy and the environment through the company’s new and increased energy efficiency program offerings. 

CenterPoint Energy’s programs offer great rebates for the replacement of electric resistance heating systems or heat pumps, water heaters or clothes dryers with qualifying high-efficiency natural gas models.
In 2012, customers can utilize a $2,000 rebate for the replacement of an electric resistance heating system or heat pump with a qualifying high-efficiency natural gas model.  A $900 rebate is available for the replacement of an electric water heater with a qualifying high-efficiency natural gas model. 

CenterPoint Energy is also introducing a new clothes dryer rebate. The company will offer up to a $500 rebate for the purchase and installation costs of a new natural gas clothes dryer in a single-metered residential home. 

“The increased rebates are double, nearly triple, last year’s offers. And with the addition of the new clothes dryer rebate, customers switching from electric to natural gas units can dry twice as many clothes for the same cost, in less time,” said Walter Bryant, division vice president of regional operations for CenterPoint Energy. “We hope these new and substantially increased rebate amounts make it even easier for customers to make energy-saving improvements. The reduction in energy use not only helps the customer’s budget, but the environment as well.”

Electric to Gas Rebate Program Details
• Heating System Rebate –CenterPoint Energy offers a $2,000 rebate for the replacement of an electric resistance heating system or heat pump with a qualifying natural gas forced-air or direct-vent wall furnace or a hydronic heating system. High-efficiency natural gas heating systems can save $140 over an air-source heat pump or $560 over an electric resistance heating system annually.
• Water Heater Rebate – CenterPoint Energy offers a $900 rebate for the replacement of an electric water heater with a qualifying natural gas storage tank or tankless model. After a home’s air conditioning and heating system, water heating is the second largest energy user and energy expenditure in the home. By replacing an electric water heater with a high-efficiency natural gas model, a household can save up to $225 a year on utility bills.
• Clothes Dryer Rebate - CenterPoint Energy will rebate up to $500 for the purchase and installation costs of a new natural gas dryer in a single-metered residential home. This offer is only available for new construction or replacement of an electric clothes dryer installation.

To learn more about the electric to gas rebate program, visit CenterPointEnergy.com/ElectricToGasRebates

All homeowners, small businesses and schools served by CenterPoint Energy in Oklahoma are encouraged to take advantage of CenterPoint Energy’s energy saving programs that can lower energy usage, costs and help the environment.

To learn more, please visit CenterPointEnergy.com/OklahomaRebates.

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission and distribution, natural gas distribution, competitive natural gas sales and services, interstate pipelines and field services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas. Assets total nearly $22 billion. With about 8,800 employees, CenterPoint Energy and its predecessor companies have been in business for more than 135 years. For more information, visit CenterPointEnergy.com.