Natural gas bills expected to increase when compared to last winter

Dayton – Oct. 14, 2021 – CenterPoint Energy's Ohio natural gas territory, announced today customers may see a significant increase in their natural gas bills when compared to those experienced last winter, assuming normal winter weather, due primarily to a rise in natural gas prices.

The average CenterPoint Energy customer paid $81 per month for natural gas service during the 2020-2021 heating season for a five-month total (November – March) of about $406.

"In the event we experience normal winter weather this heating season, coupled with a significant increase in natural gas prices, customers should expect an increase in their bills," said Richard Leger, Vice President of Natural Gas Distribution, Indiana and Ohio. "Even with higher natural gas prices this winter heating season, bills should still remain lower than customers experienced in the late 2000s when prices for natural gas were at record levels nationwide."

Natural gas continues to be recognized as the most affordable heating source according to a report issued by the Energy Information Association. In fact, CenterPoint Energy Ohio gas customers who heated their homes with natural gas last year saved $800 compared to those who heat with propane and $195 to $725 compared to those who heat with an electric heat pump or electric furnace, respectively. It is important to remember bills will vary by customer depending on the size and age of the home, number of gas appliances, number in the household, thermostat settings and levels of insulation.

 

"It's important to remember CenterPoint Energy is not a natural gas supplier. The customer's natural gas supplier and corresponding price per unit of gas also influence bill amounts," added Leger. "Some customers prefer a fixed price that won't fluctuate over the winter while others prefer to stay on a variable rate, which changes according to the natural gas market. As the price of natural gas represents approximately 45 percent of the bill during the winter months, now would be a good time to explore supplier pricing options."

CenterPoint Energy has in place several tools to help customers manage their energy bills.

  • Choice program:  Through CenterPoint Energy's natural gas Choice program, customers can choose a natural gas supplier that's right for them. Competing suppliers offer more pricing options for consumers, such as locking in a fixed rate, which allows them to comparison shop for energy the way they do for other products and services. Customers who do not choose a third-party supplier are served by one of five default Standard Choice Offer suppliers at a variable rate. Visit http://www.centerpointenergy.com/choice for a list of suppliers and up-to-date prices.
  • Budget Bill: Under this billing plan, a customer's estimated costs for a year of gas service are spread in equal monthly bill amounts for the year. This leveling of monthly bill amounts reduces the need to pay the full amount in the winter and spreads some of those higher bill charges into the non-heating months. Amounts are adjusted each summer for actual costs, and the customer's credit or amount due rolls into the next Budget Bill payment for the next 12-month period. Customers can enroll for free on www.centerpointenergy.com or by calling 1-800-227-1376.
  • Home Energy Assistance Program (HEAP):  State and federal utility assistance dollars are available for income-eligible customers. Households must fall at or below 175 percent of federal poverty guidelines to apply.
  • HEAP Winter Crisis Program:  The HEAP Winter Crisis Program provides assistance once per heating season to eligible households that are disconnected or are threatened with disconnection. Households must fall at or below 175 percent of federal poverty guidelines to apply.
  • Percentage of Income Payment Plan Plus (PIPP Plus):  PIPP Plus calls for a qualified household to pay 5 percent of its monthly income for gas service throughout the year. To be eligible for the PIPP Plus program, a customer must receive his or her primary or secondary heat source from a company regulated by the Public Utilities Commission of Ohio, must have a total household income which is at or below 150 percent of the federal poverty level and must apply for all energy assistance programs for which he or she is eligible.
  • Home weatherization: CenterPoint Energy's home weatherization program helps qualifying Ohio customers implement energy efficiency improvements to their homes at no cost. Households must fall within 300 percent of federal poverty guidelines to apply. Visit www.miamivalleycap.org to learn more.
  • Share the Warmth:  Those wanting to help the less fortunate with their energy bills can contribute to Share the Warmth, a nonprofit organization that assists income-eligible customers with home weatherization services. Donations may be tax-deductible and can be made with a checking or savings account number and routing number at www.sharethewarmthinc.com. Customers who pay their bills at www.centerpointenergy.com may donate through a bill round-up feature. In 2020, customers across CenterPoint Energy Indiana and Ohio territories used this feature to direct more than $200,000 in donations to Share the Warmth, which was matched by CenterPoint Energy.
  • Energy efficiency programs: CenterPoint Energy offers energy efficiency tips, appliance rebates and energy-saving tools to help customers lower their natural gas bills. All Ohio residential and small commercial natural gas customers are eligible. Visit www.centerpointenergy.com or call 1-866-240-8476 for a list of rebates, qualifying appliances and energy efficiency tips.

"We are here to assist our customers who are experiencing financial hardship and encourage them to make contact for options to help manage costs," said Leger. "Local community action agencies can further provide assistance and customers should call today and apply for financial and/or home weatherization assistance if needed."

Programs and services are operated under the brand CenterPoint Energy by Vectren Energy Delivery of Ohio, Inc. d/b/a CenterPoint Energy Ohio. 

CenterPoint Energy's Ohio natural gas service territory delivers natural gas to approximately 328,000 customers in all or portions of Auglaize, Butler, Champaign, Clark, Clinton, Darke, Fayette, Greene, Highland, Logan, Madison, Miami, Montgomery, Pickaway, Preble, Shelby and Warren counties.

Forward Looking Statement

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will" or other similar words are intended to identify forward-looking statements. 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 the expected prices of natural gas and the subsequent impact on customer bills, assumptions regarding winter weather, 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. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of COVID-19; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; (5) effects of competition; (6) weather variations; (7) changes in business plans; and (8) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2020, CenterPoint Energy's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2021 and June 30, 2021 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

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 Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of June 30, 2021, the company owned approximately $36 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,500 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

2021-10-14T05:00:00Z
Natural gas bills expected to increase when compared to last winter

Indianapolis – Oct. 14, 2021 CenterPoint Energy's Indiana North natural gas territory announced today customers may see a significant increase in their natural gas bills when compared to those of last winter, assuming normal winter weather, due primarily to natural gas market conditions.

  • Increase primarily driven by rise in natural gas prices
  • Higher costs resulting from global demand, lower production
  • Company purchases natural gas on behalf of its customers, does not mark up or profit from the purchase and sale of natural gas
  • Customers encouraged to prepare now for managing their energy bills

This year based upon expected natural gas commodity costs and normal winter weather, customers can expect to pay on average $130 a month, over the five-month heating season of November through March. By comparison, last year's average bill amount for the 5-month period was around $88 a month.

"In the event we experience normal winter weather this heating season, coupled with a significant increase in natural gas prices, customers should expect an increase in their bills," said Richard Leger, Vice President of Natural Gas Distribution, Indiana and Ohio. "Even with higher natural gas prices this winter heating season, bills should still remain lower than customers experienced in the late 2000s when prices for natural gas were at record levels nationwide."

CenterPoint Energy utilities are not allowed to markup, nor profit, from the purchase and sale of natural gas. Only gas costs actually incurred and approved by the Indiana Utility Regulatory Commission are recovered from customers. Natural gas is a commodity bought and sold in a national deregulated market and prices fluctuate daily due to supply and demand pressures. CenterPoint Energy purchases natural gas on behalf of its customers and then passes those costs on to customers through the gas cost adjustment, which is listed on the bill as "Gas Cost Charge."

The Energy Information Administration continues to recognize natural gas as the most affordable heating source, according to a report issued yesterday. In fact, CenterPoint Energy gas customers who heated their homes with natural gas last year saved up to $865 compared to those who heat with propane and $395 to $1,100 compared to those who heat with an electric heat pump or electric furnace, respectively.

It is important to remember bills will vary by customer depending on the size and age of the home, number of gas appliances, number in the household, thermostat settings and levels of insulation. Customers are encouraged to still implement energy efficiency measures and find ways to use less natural gas to lower bills even further.

CenterPoint Energy has in place a number of tools to help customers manage their energy bills.

  • Budget Bill: Under this billing plan, a customer's estimated costs for a year of gas service are spread in equal monthly bill amounts for the year. This leveling of monthly bill amounts reduces the need to pay the full amount in the winter and spreads some of those higher bill charges into the non-heating months. Amounts are adjusted each summer for actual costs, and the customer's credit or amount due rolls into the next Budget Bill payment for the next 12-month period. Customers can enroll for free on www.centerpointenergy.com or by calling 1-800-227-1376.
  • Energy Assistance Program (EAP):  State and federal utility assistance dollars are available for income-eligible customers. Those that fall within 60 percent of state median income should visit their local community action agency to sign up for the EAP. To apply for the EAP, customers should call 1-800-872-0371 to locate their nearest community action agency. Customers may also apply any time at the Indiana Housing and Community Development Authority website at https://ihcda.rhsconnect.com/.
  • Universal Service Program (USP): All eligible natural gas heating customers who apply and qualify for EAP will automatically be enrolled in the USP, which provides additional gas bill reductions that range from 15 to 32 percent of the total bill received (not including EAP benefits) in the months of December through May. The USP, which has been in place since 2005 is the result of a collaborative effort by CenterPoint Energy, Citizens Energy Group, the Indiana Office of Utility Consumer Counselor, Citizens Action Coalition and a group representing industrial customers. The program provides about $1.5 million in assistance each year to roughly 18,000 CenterPoint Energy Indiana customers, including crisis assistance dollars, which target qualified low-income and working-poor households that need additional help to get reconnected and/or maintain heat throughout the upcoming winter.
  • Share the Warmth: Those wanting to help the less fortunate with their energy bills can contribute to Share the Warmth, a nonprofit organization that assists income-eligible customers with home weatherization services. Donations may be tax-deductible and can be made with a checking or savings account number and routing number at www.sharethewarmthinc.com. Customers who pay their bills at www.centerpointenergy.com may donate through a bill round-up feature. In 2020, customers across CenterPoint Energy's Indiana and Ohio territories used this feature to direct more than $200,000 in donations to Share the Warmth, which was matched by CenterPoint Energy.
     
  • Energy efficiency resources: CenterPoint Energy offers energy efficiency tips, appliance rebates and energy-saving tools to help customers lower their natural gas bills. All Indiana residential and small commercial natural gas customers are eligible. Visit www.centerpointenergy.com or call 1-866-240-8476 for a list of rebates, qualifying appliances and energy efficiency tips.

"We are here to assist our customers who are experiencing financial hardship and encourage them to make contact for options to help manage costs," said Leger. "Local community action agencies can further provide assistance and customers should call today and apply for financial and/or home weatherization assistance if needed."

Programs and services are operated under the brand CenterPoint Energy by Indiana Gas Company d/b/a CenterPoint Energy Indiana North. 

CenterPoint Energy's Indiana North territory delivers natural gas to approximately 625,000 customers in Adams, Allen, Bartholomew, Blackford, Boone, Clark, Clay, Clinton, Decatur, Delaware, Fayette, Floyd, Fountain, Grant, Greene, Hamilton, Hancock, Hendricks, Henry, Huntington, Jackson, Jay, Jefferson, Johnson, Lawrence, Madison, Marion, Martin, Miami, Monroe, Montgomery, Morgan, Orange, Owen, Parke, Putnam, Randolph, Rush, Shelby, Tippecanoe, Tipton, Vermillion, Vigo, Wabash, Warren, Wayne, Wells and White counties.

Forward Looking Statement

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will" or other similar words are intended to identify forward-looking statements. 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 the expected prices of natural gas and the subsequent impact on customer bills, assumptions regarding winter weather, 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. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of COVID-19; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; (5) effects of competition; (6) weather variations; (7) changes in business plans; and (8) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2020, CenterPoint Energy's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2021 and June 30, 2021 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

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 Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of June 30, 2021, the company owned approximately $36 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,500 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

2021-10-14T05:00:00Z
Natural gas bills expected to increase when compared to last winter

Evansville – Oct. 14, 2021 – CenterPoint Energy's Indiana South natural gas territory announced today customers may see a significant increase in their natural gas bills when compared to those of last winter, assuming normal winter weather, due primarily to natural gas market conditions.

  • Increase primarily driven by rise in natural gas prices
  • Higher costs resulting from global demand, lower production
  • Company purchases natural gas on behalf of its customers, does not mark up or profit from the purchase and sale of natural gas
  • Customers encouraged to prepare now for managing their energy bills

This year based upon expected natural gas commodity costs and normal winter weather, customers can expect to pay on average $146 a month, over the 5-month heating season of November through March. By comparison, last year's average bill amount for the 5-month period was around $75 a month.

"In the event we experience normal winter weather this heating season, coupled with a significant increase in natural gas prices, customers should expect an increase in their bills. However, even with higher natural gas prices this winter heating season, bills should still remain lower than customers experienced in the late 2000s when prices for natural gas were at record levels nationwide," said Richard Leger, Vice President of Natural Gas Distribution, Indiana and Ohio. "Customers will also begin to see bill adjustments resulting from the recently approved natural gas rate review, which recovers needed natural gas infrastructure investments to ensure continued safe and reliable natural gas delivery."

CenterPoint Energy utilities are not allowed to markup, nor profit, from the purchase and sale of natural gas. Only gas costs actually incurred and approved by the Indiana Utility Regulatory Commission are recovered from customers. Natural gas is a commodity bought and sold in a national deregulated market and prices fluctuate daily due to supply and demand pressures. CenterPoint Energy purchases natural gas on behalf of its customers and then passes those costs on to customers through the gas cost adjustment, which is listed on the bill as "Gas Cost Charge."

The Energy Information Administration continues to recognize natural gas as the most affordable heating source, according to a report issued yesterday. In fact, CenterPoint Energy gas customers who heated their homes with natural gas last year saved up to $660 compared to those who heat with propane.

It is important to remember bills will vary by customer depending on the size and age of the home, number of gas appliances, number in the household, thermostat settings and levels of insulation. Customers are encouraged to still implement energy efficiency measures and find ways to use less natural gas to lower bills even further.

CenterPoint Energy has in place a number of tools to help customers manage their energy bills.

  • Budget Bill: Under this billing plan, a customer's estimated costs for a year of gas service are spread in equal monthly bill amounts for the year. This leveling of monthly bill amounts reduces the need to pay the full amount in the winter and spreads some of those higher bill charges into the non-heating months. Amounts are adjusted each summer for actual costs, and the customer's credit or amount due rolls into the next Budget Bill payment for the next 12-month period. Customers can enroll for free on www.centerpointenergy.com or by calling 1-800-227-1376.
  • Energy Assistance Program (EAP):  State and federal utility assistance dollars are available for income-eligible customers. Those that fall within 60 percent of state median income should visit their local community action agency to sign up for the EAP. To apply for the EAP, customers should call 1-800-872-0371 to locate their nearest community action agency. Customers may also apply any time at the Indiana Housing and Community Development Authority website at https://ihcda.rhsconnect.com/.
  • Universal Service Program (USP): All eligible natural gas heating customers who apply and qualify for EAP will automatically be enrolled in the USP, which provides additional gas bill reductions that range from 15 to 32 percent of the total bill received (not including EAP benefits) in the months of December through May. The USP, which has been in place since 2005 is the result of a collaborative effort by CenterPoint Energy, Citizens Energy Group, the Indiana Office of Utility Consumer Counselor, Citizens Action Coalition and a group representing industrial customers. The program provides about $1.5 million in assistance each year to roughly 18,000 CenterPoint Energy Indiana customers, including crisis assistance dollars, which target qualified low-income and working-poor households that need additional help to get reconnected and/or maintain heat throughout the upcoming winter.
  • Share the Warmth:  Those wanting to help the less fortunate with their energy bills can contribute to Share the Warmth, a nonprofit organization that assists income-eligible customers with home weatherization services. Donations may be tax-deductible and can be made with a checking or savings account number and routing number at www.sharethewarmthinc.com. Customers who pay their bills at www.centerpointenergy.com may donate through a bill round-up feature. In 2020, customers across CenterPoint Energy's Indiana and Ohio territories used this feature to direct more than $200,000 in donations to Share the Warmth, which was matched by CenterPoint Energy.
  • Energy efficiency resources: CenterPoint Energy offers energy efficiency tips, appliance rebates and energy-saving tools to help customers lower their natural gas bills. All Indiana residential and small commercial natural gas customers are eligible. Visit www.centerpointenergy.com or call 1-866-240-8476 for a list of rebates, qualifying appliances and energy efficiency tips.

"We are here to assist our customers who are experiencing financial hardship and encourage them to make contact for options to help manage costs," said Leger. "Local community action agencies can further provide assistance and customers should call today and apply for financial and/or home weatherization assistance if needed."

Programs and services are operated under the brand CenterPoint Energy by Southern Indiana Gas and Electric Company d/b/a CenterPoint Energy Indiana South. 

CenterPoint Energy's Indiana South territory delivers natural gas to approximately 114,000 customers in Daviess, Gibson, Knox, Martin, Pike, Posey, Spencer, Vanderburgh and Warrick counties.

Forward Looking Statement

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will" or other similar words are intended to identify forward-looking statements. 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 the expected prices of natural gas and the subsequent impact on customer bills, assumptions regarding winter weather, 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. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of COVID-19; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; (5) effects of competition; (6) weather variations; (7) changes in business plans; and (8) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2020, CenterPoint Energy's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2021 and June 30, 2021 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

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 Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of June 30, 2021, the company owned approximately $36 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,500 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

 

2021-10-14T05:00:00Z
https://www.centerpointenergy.com/en-us/corporate/about-us/news/CenterPoint Energy Appoints New Board Member Raquelle W. Lewis
CenterPoint Energy Appoints New Board Member Raquelle W. Lewis

HOUSTON, Sept. 30, 2021 - CenterPoint Energy, Inc. (NYSE: CNP) today announced the appointment of Raquelle W. Lewis, an accomplished communications and community outreach leader with extensive experience in the transportation and infrastructure industries, to its Board of Directors, effective September 29.

With more than 25 years of experience in communications, strategic project development, business operations, community outreach, and risk and crisis management in the transportation and infrastructure industries, Lewis has held positions of increasing responsibility over the course of her career. She currently serves as Director, Southeast Texas Communications and Public Information Offices for the Texas Department of Transportation (TxDOT), a state government organization that constructs and maintains highway, aviation, rail, and public transportation systems.

In this capacity, Lewis leads communications for TxDOT's Southeast Texas Region. She is responsible for communications outreach for numerous south Texas area districts including Houston, the largest of Texas' 25 districts, and more than 50 Texas counties accounting for more than $9 billion in active projects. As chief Public Information Officer (PIO) for the Houston District, she leads communication planning, strategy and implementation for more than 200 construction projects totaling $5 billion. Lewis also serves as chief spokesperson for TxDOT during severe weather events and other emergencies in Houston and surrounding areas, including supporting strategic planning and crisis and risk management efforts. 

Prior to her role at TxDOT, Lewis was with Parsons Brinckerhoff, a global engineering and design firm that specializes in engineering, construction management, energy, infrastructure, and community planning. She managed project implementation, including public relations and community outreach programs, for major infrastructure projects with local, state and federal agencies. Prior to Parsons Brinckerhoff, Lewis served in positions of increasing responsibility with Texas Southern University's Center for Transportation Training and Research Center.

"Raquelle's leadership experience with large public and private infrastructure projects and extensive background in communications and community outreach make her the ideal fit for our Board of Directors," said Martin Nesbitt, Board Chair. "As the company continues to execute on its long-term growth strategy, including a new 10-year capital plan totaling more than $40 billion, Raquelle's knowledge and expertise will be invaluable."

Regarding her appointment to the Board of Directors, Lewis said, "It is an honor to be joining CenterPoint Energy's highly regarded Board. I am excited to work with my fellow directors and company leadership to help enhance the performance and value of the company for our customers, shareholders and communities. I also look forward to applying my experience with major infrastructure initiatives as the company executes on its growth plans."

Lewis earned a Bachelor of Arts degree in Psychology from the University of Texas at Austin. She is a member of several community and civic organizations, including the WTS International, NAACP-Houston Branch, Alpha Kappa Alpha Sorority, Inc., Black Women of Greater Houston PAC, and Leadership Women, Inc. Lewis is a 2010 graduate of Leadership Texas and a past recipient of the Raymond E. Stotzer Award recognizing outstanding leadership, dedication and service to TxDOT.

About CenterPoint Energy, Inc.
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 Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of June 30, 2021, the company owned approximately $36 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,500 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

For more information, contact
Communications
Media.Relations@CenterPointEnergy.com

 

SOURCE CenterPoint Energy, Inc.

2021-09-30T05:00:00Z
https://www.centerpointenergy.com/en-us/corporate/about-us/news/CenterPoint Energy announces increase in Common Stock dividend
CenterPoint Energy announces increase in Common Stock dividend

HOUSTON, Sept. 30, 2021 - CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared an increase in the company's regular quarterly cash dividend from $0.16 to $0.17 per share on the issued and outstanding shares of Common Stock. This increase will be effective with the dividend payment to be distributed on December 9, 2021 to shareholders of record at the close of business on November 18, 2021.

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 Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of June 30, 2021, the company owned approximately $36 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,500 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

For more information contact
Media:
Communications
Media.Relations@CenterPointEnergy.com
Investors:
Philip Holder / Jackie Richert
Phone        713.207.6500

 

SOURCE CenterPoint Energy, Inc.

2021-09-30T05:00:00Z
https://www.centerpointenergy.com/en-us/corporate/about-us/news/CenterPoint Energy Foundation announces $1 million in environmental contributions
CenterPoint Energy Foundation announces $1 million in environmental contributions

HOUSTON, Sept. 23, 2021 - CenterPoint Energy (NYSE: CNP) today announced that through its charitable foundation a $1 million contribution will be made to two environmental organizations focused on land and water conservation, environmental education, and tree plantings to help build sustainable futures for communities the company serves.

The Nature Conservancy and The Arbor Day Foundation will each receive a $500,000 grant from the CenterPoint Energy Foundation to support restoration of the Mississippi River and provide environmental education and tree plantings to elementary school students throughout the company's eight-state service territory.

"In 2020, we promised our stakeholders we would execute on strategies that would transform CenterPoint Energy into a leading utility company," said Dave Lesar, President and Chief Executive Officer of CenterPoint Energy. "Top performance requires a commitment to excellence and continuous improvement, and today we are taking a significant step with the announcement of two contributions to leading environmental organizations that will help build sustainable futures for our communities."

Collaboration with The Nature Conservancy will focus on restoration of the Mississippi River in two key regions – the headwaters in Minnesota and Indiana, and the Gulf Coast region in Texas and Louisiana.

The headwaters region initiatives will be comprised of nature-based solutions, including increased floodplains, agricultural best management practices, and comprehensive education to increase awareness of the importance of keeping pollutants out of clean water and mitigating flood risks. The Gulf Coast region efforts will support the building of oyster reefs to clean the freshwater flowing into the Gulf of Mexico, contributing to the success of Gulf-wide fisheries.

"The Mississippi River Basin and Gulf of Mexico are two critically important natural systems in North America," said Trey Cooke, The Nature Conservancy's Director for the Mississippi River Basin Program.  "The Nature Conservancy's goal is to reduce nutrient loading in the Mississippi River Basin by 20% by 2025. CenterPoint Energy's support will be critical for helping us reach this goal."   

The contribution to The Arbor Day Foundation will provide environmental education curriculum to third graders throughout CenterPoint Energy's service territory. The curriculum will include classroom activities and a tree for students to plant at their home. Engaging students will teach them the importance of caring for the Earth, with 9,000 trees to be planted throughout CenterPoint Energy's service territory of Arkansas, Indiana, Louisiana, Mississippi, Ohio, Oklahoma, Minnesota, and Texas.

"Part of the Arbor Day Foundation's mission is to inspire the next generation of tree planters," said Dan Lambe, President of the Arbor Day Foundation. "We are extremely grateful for the opportunity to do so with CenterPoint Energy. This grant is not only an investment for the preservation and conservation of the environment, but also an investment in the children who will benefit from a greener future that we are all working toward."

Lesar added, "The CenterPoint Energy Foundation is dedicated to preserving our environment and encouraging our communities to engage in sustainable practices. Our contributions to and collaboration with The Nature Conservancy and The Arbor Day Foundation further demonstrate our commitment to move toward a net-zero economy and provide environmental benefits for years to come. We see these investments as the beginning of impactful relationships and actions to build a cleaner future for all our stakeholders."  

The CenterPoint Energy Foundation is committed to conservation and environmental education as a component of our funding priorities. We have supported organizations at local, state and national levels for over a decade in conserving land, providing environmental education, building and sustaining outdoor environments such as trails and nature preserves, and planting trees.  

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 Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. The CenterPoint Energy Foundation is a charitable giving organization focused on strengthening the quality of life in the communities served by the company. For more information, visit CenterPointEnergy.com.

For more information, contact
Communications
Media.Relations@CenterPointEnergy.com  

SOURCE CenterPoint Energy, Inc.

2021-09-23T05:00:00Z
Call CenterPoint Energy now for Cold Weather Rule protection

Minneapolis – Sept. 21, 2021CenterPoint Energy is reminding its residential customers about Minnesota's Cold Weather Rule, which protects Minnesotans who experience difficulty paying their heating bills by preventing disconnection of their natural gas service from Oct. 1, 2021, through April 30, 2022.

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 Regional Operations. "As long as you follow a payment plan, the Cold Weather Rule will ensure that 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 for heating costs, including Minnesota's Energy Assistance Program.

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.

CenterPoint Energy is Minnesota's largest natural gas utility, serving 890,000 residential and business customers in more than 260 communities.

2021-09-21T05:00:00Z
CenterPoint Energy provides update on Hurricane Nicholas restoration efforts

Houston – Sept. 18, 2021 – CenterPoint Energy provided an update on its Hurricane Nicholas restoration efforts:

At the peak of this severe weather event, approximately 460,000 customers' electric service was impacted by Hurricane Nicholas in Greater Houston and surrounding areas. As of 6 p.m. CT, more than 99.9% of CenterPoint Energy's customers currently have electric service.

"We appreciate our customers' patience as we continue to work hard to restore service to every customer who is still without power," said Kenny Mercado, CenterPoint Energy's Executive Vice President, Electric Utility. "The company has had the privilege of serving Greater Houston and surrounding communities for more than 150 years, and we are committed to responding as safely and quickly as possible when severe weather causes damage to our system."

Mercado added, "From elected officials and first responders, to volunteers and neighbors who helped neighbors, we would also like to recognize the many people who answered the call during our area's time of need."

The company continues to focus on the remaining isolated outages, which in certain cases can be attributed to the storm's extensive damage to some parts of its system. In some instances, outages may be attributed to routine service issues that occur on CenterPoint Energy's system. The company will be focused on addressing both types of outages as safely and quickly as possible.

CenterPoint Energy noted that Hurricane Nicholas 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 is able to restore service to them. 

The company also said that its natural gas supply continues to remain reliable and stable.

"Hurricane Nicholas impacted our natural gas system, but we continue to maintain reliable service to our customers, while addressing the issues caused by the storm," said Scott Doyle, Executive Vice President, Natural Gas.

If customers smell the "rotten egg" odor of natural gas, they should immediately leave on foot, go to a safe location and call both 911 and CenterPoint Energy. In addition, before cleaning debris, digging on their property or to locate underground natural gas lines and other underground utility lines, customers should call 811, the nationwide Call Before You Dig number. 

CenterPoint Energy will continue to update customers through local media outlets, its website CenterPointEnergy.com and its social media channels, Twitter (@CNPalerts) and Facebook.

 

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2021-09-18T05:00:00Z
CenterPoint Energy continues to make significant progress restoring power following Hurricane Nicholas

Houston – Sept. 15, 2021 – CenterPoint Energy continues to make significant progress restoring power in the Greater Houston area and surrounding communities following Hurricane Nicholas' impact earlier this week.

"We have made excellent progress so far safely restoring service to our customers who were impacted by Hurricane Nicholas, and our crews continue to work diligently and around-the-clock to address all remaining outages as safely and quickly as possible," said Kenny Mercado, Executive Vice President, Electric Utility, CenterPoint Energy. "We appreciate our customers' continued patience and understanding as we work to address the more challenging outage issues caused by the storm's extensive damage to some parts of our system."  

The company has restored service to more than 380,000 electric customers, down from a peak outage count of 460,000 at 8 a.m. CT on Sept. 14. At this time, CenterPoint Energy is down to less than 80,000 customers without power.

CenterPoint Energy electric system assessments will be completed today, and the company expects its customer outage numbers to continue to decline. CenterPoint Energy said that it expects to have the majority of the remaining customer outages restored by the end of the day. Isolated outages should be addressed by the end of this week.

In addition, mutual assistance crews will be assisting with the restoration process today.

The company noted that Hurricane Nicholas 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 is able to restore service to them. 

CenterPoint Energy urges customers to always stay at least 10 feet away from downed power lines and report them to the company at 713-207-2222. For latest information on power outages*:


*Please note that some outage notifications may be delayed. Due to the ongoing system assessment of damage caused by Hurricane Nicholas, estimated restoration times on Outage Tracker and Power Alert Service are not being provided at this time.

The company's natural gas system is performing well and we are continuing to address natural gas issues found during our system assessments," said Scott Doyle, Executive Vice President, Natural Gas. "Our natural gas crews will transition to assist with power restoration efforts as needed."

2021-09-15T05:00:00Z
CenterPoint Energy provides update on Hurricane Nicholas restoration efforts
  • Power restored to nearly 300,000 customers in less than 12 hours since hurricane’s landfall
  • Natural gas system in Houston area performing well; system assessment almost completed
  • Customers’ patience appreciated as company works to restore service as safely and quickly as possible

Houston – Sept. 14, 2021 – In response to Hurricane Nicholas’ impact on its electric and natural gas systems in Greater Houston and surrounding communities, CenterPoint Energy has issued the following update on its restoration efforts:

The company has restored power to nearly 300,000 electric customers over the last 12 hours, down from a peak outage count of more than 460,000 at 8 a.m. CT this morning. Of the 2.6 million CenterPoint Energy customers in the Greater Houston area, more than 93 percent currently have power. At this time, CenterPoint Energy is down to approximately 160,000 customers without power.

“We want to thank our customers for their continued patience. We remain committed to continue our safe and efficient restoration efforts until all of our customers are back in service,” said Kenny Mercado, Executive Vice President, Electric Utility, CenterPoint Energy. “Due to the extensive damage caused by the storm, impacted customers should anticipate some outages taking as long as four to five days, with the majority restored earlier as repairs are safely completed.”

In addition to the more than 3,200 Electric Operations employees and contractors focused on the restoration work, CenterPoint Energy has confirmed 1,800 linemen and tree trimmers from their mutual assistance network and will activate four staging sites across the impacted areas. The mutual assistance resources are expected to begin work on Wednesday, with the remainder arriving on Thursday.

The restoration process begins with facilities vital to safety, health and welfare, such as hospitals, water treatment plants and public service facilities. While addressing key facilities, the company follows its priority restoration process by making repairs to electrical facilities that will return power to the largest number of customers first, then continue the restoration process by prioritizing repairs to benefit the greatest number of customers, until power is returned to everyone.

CenterPoint Energy’s natural gas system is performing well, and system assessment is almost complete.

“To help support our customers who were impacted by the storm, we have temporarily suspended disconnections for nonpayment throughout the affected region,” said Scott Doyle, Executive Vice President, Natural Gas. “Safety remains a top priority as we complete the damage assessment, customers need to call us if they smell natural gas or see a damaged line.”

For latest information on power outages*:

  • Sign up for Power Alert Service for information on individual outages; 
  • Follow @cnpalerts and visit Outage Tracker for general outage locations; and 
  • Visit CenterPointEnergy.com/StormCenter for electric and natural gas safety tips and other resources.

*Please note that some outage notifications may be delayed. Due to the ongoing system assessment of damage caused by Hurricane Nicholas, estimated restoration times on Outage Tracker and Power Alert Service are not being provided at this time.

The company urges the public to follow these important electric and natural gas safety tips:

Electric 

  • Stay away from downed power lines. Be especially mindful of downed lines that could be hidden in flood waters and treat all downed lines as if they are energized.  
  • If you experience flooding and water has risen above the electrical outlets in your home, contact a licensed electrician before turning on the main circuit breaker or trying to restore power.  
  • All electrical appliances and electronic equipment that have been submerged in water need to dry thoroughly for at least one week. Then, have them checked by a qualified repair person before turning them on. Attempting to repair a flood-damaged appliance could result in electrical shock or death. Attempting to restart it could result in further damage and costly repairs. 
  • If the outside unit of an air conditioning system has been under water, mud and water may have accumulated in the controls. Have the unit checked by a qualified air conditioning technician.  

Natural Gas 

  •  Do not turn off your natural gas service at the meter; doing so could allow water to enter the natural gas lines. 
  • Be alert for the smell of natural gas. If you smell gas, leave the area immediately and tell others to leave, too. 
  • If you smell gas, do not turn the lights on or off, smoke, strike a match, use a cell phone or operate anything that might cause a spark, including a flashlight or a generator. 
  • Do not attempt to turn natural gas valves on or off. Once safely away from the area, call 911 and CenterPoint Energy at 888-876-5786 and the company will send a trained service technician. 
  • If your home was flooded, call a licensed plumber or gas appliance technician to inspect your appliances and gas piping to make sure they are in good operating condition before calling CenterPoint Energy to reconnect service. This includes outdoor gas appliances including pool heaters, gas grills and gas lights. 
  • Before cleaning debris, digging on your property or to locate underground natural gas lines and other underground utility lines, call 811, the nationwide Call Before You Dig number. 
  • Be aware of where your natural gas meter is located. As debris is put out for heavy trash pickup, make sure it is placed away from the meter. In many areas the meter may be located near the curb. If debris is near a gas meter, the mechanized equipment used by trash collectors could pull up the meter, damaging it and causing a potentially hazardous situation. If this happens, leave the area immediately and call CenterPoint Energy at 888-876-5786. 

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2021-09-14T22:00:00Z
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