CenterPoint Energy declares regular Common Stock dividend of $0.1800

HOUSTON, Sept. 29, 2022 - CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared a regular quarterly cash dividend of $0.1800 per share on the issued and outstanding shares of Common Stock payable on December 8, 2022 to shareholders of record at the close of business on November 17, 2022.

About CenterPoint Energy

As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. As of June 30, 2022, the company owned approximately $35 billion in assets. With approximately 8,900 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

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SOURCE CenterPoint Energy, Inc.

2022-09-29T05:00:00Z
CenterPoint Energy mobilizes support for power restoration efforts in Florida

Houston – Sept. 27, 2022 –CenterPoint Energy has deployed nearly 100 linemen and support personnel from Houston and Indiana to assist with power restoration efforts in the Tampa, Florida area following the expected impact of Hurricane Ian later this week.

"Our linemen and support personnel are skilled to perform in any type of condition, just like they do for our customers at home," said Nathan Brownell, director of Distribution Operations and Control for CenterPoint Energy. "As part of nationwide electric utility mutual assistance programs, CenterPoint Energy is fully committed to supporting power restoration efforts at our peer utilities and restoring service to affected customers as safely and quickly as possible."

CenterPoint Energy crews will begin working 16-hour shifts as soon it is safe to do so, and will continue to take the necessary steps to protect the safety and well-being of customers, employees, contractors and communities.

CenterPoint Energy is part of electric utility mutual assistance programs that provide access to thousands of linemen and tree trimmers from around the country to lend a hand during widespread power outage emergencies. Coming to the aid of other utilities is nothing new to CenterPoint Energy employees. Over the years, crews have responded and restored power to hundreds of thousands of customers throughout the country who have been left in the dark following hurricanes, ice storms, tornadoes and severe thunderstorms.

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


2022-09-27T05:00:00Z
Call CenterPoint Energy for Cold Weather Rule protection

Minneapolis – Sept. 26, 2022 – CenterPoint Energy is reminding residential customers about Minnesota's Cold Weather Rule, which protects Minnesotans who may have difficulty paying their heating bill by preventing disconnection of their natural gas service from Oct. 1, 2022, through April 30, 2023.

Under the Cold Weather Rule, customers are required to set up a payment plan with their utility to prevent disconnection of their service. To arrange a payment plan, CenterPoint Energy customers can call 800-245-2377 between 7 a.m. and 7 p.m., Monday-Friday, or visit CenterPointEnergy.com/Assistance.

"For any CenterPoint Energy customer who may be facing financial hardships, the most important thing to do is call us now to establish a payment plan and also see if you're eligible for energy assistance to help with your heating bills," said Christe Singleton, CenterPoint Energy's Vice President of Minnesota Gas. "As long as you follow a payment plan, the Cold Weather Rule will prevent disconnection of your natural gas service and help you and your family stay safe and warm this winter."

A payment plan takes into consideration a customer's financial situation and any other special circumstances. The payment plan must be agreeable to both the customer and CenterPoint Energy. If an agreed-upon payment plan cannot be reached, customers have a right to appeal under the Cold Weather Rule.

CenterPoint Energy representatives can also help refer customers to programs and services that provide financial assistance, including Minnesota's Energy Assistance Program. This federally-funded program helps pay for home heating costs and furnace repairs for income-qualified households. Applications are accepted beginning Oct. 1.

CenterPoint Energy customers may also sign up for an Average Monthly Billing Plan, which spreads natural gas costs throughout the year to help manage winter payment peaks. Customers can sign up at CenterPointEnergy.com/MyAccount or by calling 800-245-2377.

Customers are encouraged to take advantage of energy efficiency offerings and resources to assist in managing natural gas bills this heating season. More information on rebates, energy-saving products and the Home Energy Squad® program can be found at CenterPointEnergy.com/SaveEnergy.

CenterPoint Energy is Minnesota's largest natural gas utility, serving 900,000 residential and business customers in more than 260 communities.


2022-09-26T05:00:00Z
CenterPoint Energy offering 1,000 free trees to Houston residents through Arbor Day Foundation’s Energy-Saving Trees Program

Houston – Sept. 6, 2022 – CenterPoint Energy is providing 1,000 free trees to Houston residents through Energy-Saving Trees, an Arbor Day Foundation program that helps conserve energy and reduce energy bills through strategic tree planting.

Beginning on September 6, homeowners can reserve their free trees at arborday.org/CenterPoint.  Customers can reserve up to two trees and plant them in the most strategic area as identified by the online mapping tool. The types of trees offered include the following: White Oak, Pecan, American Beautyberry, Buttonbush, Eastern Redbud, Red Maple or American Sycamore.

"Providing free trees to our customers not only benefits the environment and beautifies communities, but it also helps shade homes, which can lead to energy and monetary savings," said Lynnae Wilson, Senior Vice President of Houston Electric Operations at CenterPoint Energy. "Customers are encouraged to plant the right tree in the right place – away from power lines – which helps avoid safety hazards and improves electric service." 

The Arbor Day Foundation is the world's largest membership nonprofit dedicated to planting trees. Its Energy Saving Trees program is designed to offer companies, cities, states, and nonprofit organizations an easy solution to providing trees to customers, employees, or their community.

"Through our Energy-Saving Trees program, we aim to provide the tools other organizations need to make a difference in their community," said Kristen Bousquet, Program Manager at the Arbor Day Foundation. "This program not only encourages more trees planted in neighborhoods and communities, but the right trees planted in the right place."

Residents reserve trees using an online mapping tool that takes the guesswork out of where to plant the tree on a specific property to help maximize the trees' air, water, energy and carbon benefits. Energy-Saving Trees allows residents to strategically plant trees to reduce their energy costs. Carefully positioned trees can reduce a household's energy consumption for heating and cooling by up to 25 percent. Computer models devised by the U.S. Department of Energy predict that proper placement of only three trees can save an average household between $100 and $250 in energy costs annually.


About CenterPoint Energy

As an investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. As of March 31, 2022, the company owned approximately $35 billion in assets. With approximately 8,900 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

About the Arbor Day Foundation

Founded in 1972, the Arbor Day Foundation has grown to become the largest nonprofit membership organization dedicated to planting trees, with more than one million members, supporters and valued partners. Since 1972, almost 500 million Arbor Day Foundation trees have been planted in neighborhoods, communities, cities and forests throughout the world. Our vision is to lead toward a world where trees are used to solve issues critical to survival.  

As one of the world's largest operating conservation foundations, the Arbor Day Foundation, through its members, partners and programs, educates and engages stakeholders and communities across the globe to involve themselves in its mission of planting, nurturing and celebrating trees. More information is available at arborday.org.

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2022-09-06T05:00:00Z
CenterPoint Energy issues update on Evansville incident

Evansville, Ind. – Aug. 12, 2022 – CenterPoint Energy has issued the following update on Wednesday afternoon's incident in Evansville:

CenterPoint Energy wishes to extend its deepest sympathies to the loved ones of the victims involved in Wednesday afternoon's incident, as well as all those who have been affected. We would like to thank the first responders and community agencies for their service and support, including the Evansville Fire Department, Evansville Police Department and the American Red Cross.

After being notified on Wednesday afternoon about an incident at 1010 N. Weinbach Avenue, CenterPoint Energy activated its emergency response plan. Crews immediately responded and made the area safe by turning off natural gas service to homes and businesses in the area.

Investigations are ongoing, but based on information obtained so far, there are no indications of issues related to CenterPoint Energy's natural gas system. CenterPoint Energy completed several leak surveys in the surrounding areas, with all readings on the outside of the structure reporting back negative, indicating no natural gas leaks detected. Additionally, pressure readings performed on CenterPoint Energy's natural gas lines were normal.

CenterPoint Energy confirms that there was no work being performed by crews at 1010 N. Weinbach Avenue or the surrounding area near the time of the incident. 

Residents with homes on Weinbach Avenue from Bellaire Avenue to Vogel Road and the east side of Hercules Avenue will remain without natural gas and electric service as the investigation continues.

CenterPoint Energy continues to work closely with all agencies involved in the investigation process and is committed to the safety of our customers, employees, contractors, systems and communities.

 


2022-08-12T05:00:00Z
CenterPoint Energy issues statement following Evansville incident

Evansville – Aug. 10, 2022 – CenterPoint Energy has issued the following statement in southwestern Indiana:

CenterPoint Energy crews responded to an explosion this afternoon at a home on N. Weinbach Ave. in Evansville and worked with first responders to secure the area.

CenterPoint Energy is working closely with the Evansville Fire Department, State Fire Marshal and other agencies as the investigation of this incident continues. 


2022-08-11T05:00:00Z
August 11 (8/11) serves as a reminder to always call 811 before digging

Houston – Aug. 11, 2022 Aug. 11 serves as a reminder to call the national "Call Before You Dig" number – 811 – prior to any digging project, no matter how big or small the project may be. One call to 811 before digging can prevent injuries, property damage, service disruption and possible costly fines for damaged infrastructure.

"Calling 811 before you dig can eliminate the risk of striking an underground utility line, helping to keep your family and community safe," said Shane Alexander, Director, Damage Prevention for CenterPoint Energy.

Always contact 811 at least two to three days before digging, regardless of the depth or familiarity with the property. When homeowners or contractors call 811, the One Call Center automatically notifies local utilities. After the request is made, professional locators are sent to the requested digging site to mark the approximate locations of underground lines with flags and spray paint, enabling the homeowner or contractor to dig safely. If a contractor has been hired, confirm that the contractor has contacted 811.

Once a site has been accurately marked, it is safe to begin planning your excavation. Do not allow work to begin if the lines aren't marked. If the location of the project is near a utility line, consider relocating that project to a different space.

"The only way to know what is below the surface is to call and have the buried utilities in your project area marked by professionals," said Alexander. "This free locating service is an important law designed to help maintain proper safety for the public." 

The depth of utility lines varies, and there may be multiple utility lines in a common area. Whether it is a small project like planting a tree, or a larger one such as hiring a professional to install a lawn irrigation system, smart digging means calling 811 before each job.

In the case of a hit pipeline, one should leave the area immediately. Once in a safe location, report the leak by calling the CenterPoint Energy utility emergency line at 888-876-5786.

Additional information about pipeline safety can be found at www.centerpointenergy.com/811.


2022-08-11T05:00:00Z
CenterPoint Energy awards grants to communities for safety initiatives

Houston – Aug. 9, 2022 – This year, CenterPoint Energy's Community Safety Grant program awarded approximately 130 grants totaling more than $260,000 in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas to fund safety-related equipment and projects in local communities.

"Safety is a core value of CenterPoint Energy's," said Alicia Dixon, Director of Community Relations for CenterPoint Energy. "Our Community Partnership Grant program allows us to stay connected to emergency officials, first responders and others in the communities we serve to support our customers' safety."

Recipients were determined based on the content of their applications. Participants were required to outline a safety-related problem, issue or need in the community and how a Community Safety Grant would help create a sustainable solution. Leveraging the chosen organization's local funds, the CenterPoint Energy grant is a matching contribution and cannot be more than 50% of the cost of the project. The program awards grants of up to $2,500.

Since 2003, through its Community Safety Grant program, CenterPoint Energy has funded more than 1,400 safety-related projects and contributed more than $2.7 million in donations to communities for safety initiatives.

To see what CenterPoint Energy is doing in the community, please visit CenterPointEnergy.com/Community.

2022-08-09T05:00:00Z
CenterPoint Energy restores power to all customers affected by this week’s severe weather

Evansville – Aug. 5, 2022 – CenterPoint Energy has issued the following update in southwestern Indiana:

Following the severe weather on Monday evening and Tuesday morning, nearly 48,000 customers were left without electric service across the Evansville area. Approximately 48 hours after the storms, CenterPoint Energy restored power to 97% of affected customers, leaving only approximately 1,000 without service.

As of 10:00 p.m. on Thursday, all customers affected by the storms earlier this week have had their electric service restored. 

"We are proud of the hard work and efforts of our crews to safely and quickly restore power to the majority of customers within 48 hours of the storms," said Richard Leger, Senior Vice President, Indiana Electric. 

"The extensive damages caused by multiple lines of storms with lightning and winds that exceeded more than 50 miles per hour, and gusts of nearly 70 miles per hour over a 13-hour period presented many challenges for our crews."

Over the last four days, 60 crews performing tree trimming and service restoration worked around-the-clock on approximately 320 individual outages affecting nearly 48,000 customers. On Monday evening, customer outages peaked at 30,000. Over the course of the entire four-day severe weather event, outages affected a total of 48,000 customers. In the last 24 hours, repairs to the hardest-hit areas required more than 40 pole replacements to reconnect electric service. 

Leger added, "We understand the severity of the damage and unexpected extended outages were disruptive for many of our customers this week. We appreciate their patience and understanding. Additionally, we are thankful no injuries were reported as a result of one of the most significant storms to hit our region in six years."

CenterPoint Energy reminds customers these storms may have caused damage to customer-owned equipment, such as their meter box or weatherhead – the point where the line enters the home through a pipe. In those cases, customers will need to contact a qualified electrician to make sure the damage is repaired before the company can restore service to them. After repairs are made, customers can call 1(800) 227-1376 to request reconnection of service.


2022-08-05T05:00:00Z
CenterPoint Energy provides restoration update

Evansville – Aug. 3, 2022 – CenterPoint Energy has issued the following update as restoration efforts continue in southwestern Indiana:

CenterPoint Energy and contract crews continue to make progress on restoring customers without electric service following severe weather on Monday evening and Tuesday morning. As crews have prioritized larger outages to restore as many customers as possible at a time, the remaining outages are tied to smaller groups of customers. Therefore, the number of customers restored will progress at a slower rate. Efforts continue to clear the significant amount of fallen trees, limbs and wires and begin repairs.

"Our crews have made significant progress throughout the day on the remaining outages; however, we have not seen a storm produce this level of damage in several years," said Richard Leger, Senior Vice President of Indiana Electric. "We have more than 60 crews performing tree trimming and restoration work on the remaining outages. We understand the frustrations of those customers who are still without power, and our around-the-clock efforts will continue until the last customer is restored as safely as possible."

CenterPoint Energy is in the process of reaching out directly to customers who remain without power to communicate additional information and provide a timeframe on when they can anticipate service to be restored. Based on the current assessment of remaining restoration work, the company expects outages for some customers will last until Friday, Aug. 5.

For latest information on power outages:


2022-08-03T05:00:00Z
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