CenterPoint Energy Provides Natural Gas Safety Tips to Help Keep Customers Safe in Severe Weather
2017-07-17T05:00:00Z

MINNEAPOLIS – July 17, 2017 – While summer conditions are here for Minnesotans, the threat of severe weather can occur at a moment's notice. To help keep customers safe, CenterPoint Energy is sharing its natural gas safety tips. CenterPoint Energy customers should remember the following important information in the event of severe weather conditions:

  • Following a severe storm, be alert for leaking natural gas. If you smell, hear or see a natural gas leak, leave the area immediately on foot and tell others to do the same. Natural gas smells like rotten eggs;
  • Do not drive into or near a natural gas leak or a vapor cloud;
  • Once safely away from the area, call 911 immediately. Then call the pipeline operator to report the location and a description of the leak. CenterPoint Energy's emergency natural gas leak hotline is 1-800-296-9815. After receiving a call, CenterPoint Energy will promptly dispatch a trained service technician;  
  • If natural gas is leaking, do not switch lights on or off, smoke, strike a match, use a cell phone, drive a car, or operate anything that may cause a spark, including a flashlight or generator;
  • Do not attempt to turn off your natural gas service at the meter. Meters maintain proper line pressure and prevent water from entering pipes if flooding occurs. Improper operation of natural gas valves could make the situation worse;
  • To turn off natural gas service inside your house, turn the natural gas valve off at each appliance;
  • If your home was flooded, call a licensed plumber or natural gas appliance technician to inspect your appliances and natural gas piping to make sure they are in good operating condition before calling CenterPoint Energy to reconnect service. This includes outdoor natural gas appliances, such as pool heaters, natural gas grills and natural gas lights; and
  • Before cleaning up debris, or possibly excavating near underground natural gas lines and other utility lines, call 811 – the national Call Before You Dig number – to ensure underground utilities are properly located and marked.

 

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. In Minnesota, CenterPoint Energy is the state's largest natural gas distribution utility, serving about 840,000 customers in 260 communities. The utility also operates a non-regulated business in Minnesota called Home Service Plus®. For more information, visit CenterPointEnergy.com.

 

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CenterPoint Energy and HomeServe USA program saves customers more than $1.2 million in repair costs

Houston – April 25, 2019 – Since its launch in June 2018, CenterPoint Energy's optional protection plan program for natural gas customers in Texas has saved customers more than $1.2 million in repair costs.

Offered through HomeServe USA Corp. (HomeServe), a provider of emergency home repair programs to homeowners nationwide, the program gives customers the opportunity to purchase low-cost service plans that cover unanticipated costs and minimize inconvenience associated with piping and other major household system repairs.

"Pipe repairs are rarely covered by basic homeowners' insurance and when an unexpected emergency occurs, customers may not have the emergency funds set aside to cover the expenses," said Gregg Knight, senior vice president and chief customer officer of CenterPoint Energy. "Our plan provides extra peace-of-mind for homeowners with both new and older residences. We are excited to continue our partnership with HomeServe to provide our customers with expert service delivery."

CenterPoint Energy and HomeServe have partnered with more than 200 local business contractors to serve customer repair needs, including customer-owned natural gas lines, heating and cooling systems, interior electric wiring, water heaters, and exterior water and sewer lines. The service plans are optional and offered as a benefit to provide homeowners with protection from the inconvenience and unexpected expenses associated with repairs to these critical household systems.

Christie Tavera of Basin Plumbing, a regional contractor who has worked with HomeServe for more than three years, said, "The guarantee offered by CenterPoint Energy and HomeServe in case of plumbing failures, along with pre-screened contractors, are invaluable to homeowners. No one gives a second thought to plumbing, until an emergency happens. With this program, contractors like us can help with these emergencies to get homeowners the service they need quickly."

As of March 2019, HomeServe provided the following updates on the optional service plan for CenterPoint Energy customers in Houston, Laredo, Beaumont and New Braunfels:

  • CenterPoint Energy's program has already completed more than 1,000 customer repairs that would not have been covered under typical homeowners' insurance; 
  • CenterPoint Energy customers' natural gas line claims for service have averaged $1,200 per repair; and
  • Based on survey data from customers after completion of their claim, CenterPoint Energy customers have given the program an average rating of 4.8 out of 5 stars.

"HomeServe is pleased to participate in this valuable partnership with CenterPoint Energy," said John Kitzie, CEO of HomeServe USA. "We value the opportunity to help better serve CenterPoint Energy customers and provide peace of mind to them when a repair emergency happens."

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 future offerings under CenterPoint's new program, 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.  Factors that could affect actual results include (1) factors related to our business and the economy, including commodity prices, (2) the performance of the companies, (3) competitive conditions in the industry, (4) state and federal legislative and regulatory actions or developments affecting various aspects of the businesses and (5) other factors discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2017, as well as in CenterPoint Energy's Quarterly Report on Form 10-Q for the quarters ended March 31, 2018, and other reports on Form 8-K CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

About CenterPoint Energy:

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 seven million metered customers primarily in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. The company also owns 54.0 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. Enable Midstream Partners owns, operates and develops natural gas and crude oil infrastructure assets. With approximately 14,000 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, please visit www.CenterPointEnergy.com.

About HomeServe USA Corp.:

HomeServe USA Corp. (HomeServe) is a leading provider of home repair solutions serving 4 million customers across the US and Canada under the HomeServe, Home Emergency Insurance Solutions, Service Line Warranties of America (SLWA) and Service Line Warranties of Canada (SLWC) names.

Since 2003, HomeServe has been protecting homeowners against the expense and inconvenience of water, sewer, electrical, HVAC and other home repair emergencies by providing affordable repair coverage, installations and quality local service.


CenterPoint Energy reports 2019 annual shareholder meeting results

Houston – April 25, 2019 – CenterPoint Energy, Inc. (NYSE: CNP) announced the results of the voting by shareholders at its 2019 annual meeting held today. Shareholders approved the following proposals:

  • The election of Leslie D. Biddle, Milton Carroll, Scott J. McLean, Martin H. Nesbitt, Theodore F. Pound, Scott M. Prochazka, Susan O. Rheney, Phillip R. Smith, John W. Somerhalder II and Peter S. Wareing to serve on the company’s Board of Directors for one-year terms;  
  • The ratification of the appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for 2019; and
  • An advisory resolution on the compensation paid to the company’s named executive officers as disclosed in the proxy statement.
Headquartered in Houston, Texas, CenterPoint Energy, Inc. is an energy delivery company with regulated utility businesses in eight states and a competitive energy businesses footprint in nearly 40 states. Through its electric transmission & distribution, power generation and natural gas distribution businesses, the company serves more than 7 million metered customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. CenterPoint Energy's competitive energy businesses include natural gas marketing and energy-related services; energy efficiency, sustainability and infrastructure modernization solutions; and construction and repair services for pipeline systems, primarily natural gas. The company also owns 54.0 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 14,000 employees and nearly $29 billion in assets, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.



CenterPoint Energy declares second quarter common stock dividend of $0.2875 and Series B Preferred Stock dividend of $17.5000

Houston – April 25, 2019 – CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared dividends on shares of its common stock and Series B Mandatory Convertible Preferred Stock for the second quarter of 2019.

Common Stock Dividend

The company's board of directors declared a regular quarterly cash dividend of $0.2875 per share of common stock payable on June 13, 2019 to shareholders of record as of the close of business on May 16, 2019.

Series B Preferred Stock Dividend

The company's board of directors declared a regular quarterly cash dividend of $17.5000 per share on its 7.00% Series B Mandatory Convertible Preferred Stock payable on June 3, 2019 to shareholders of record as of the close of business on May 15, 2019. This equates to $0.8750 per depositary share (NYSE: CNPPRB), each of which represents a 1/20th interest in a share of the Series B Mandatory Convertible Preferred Stock.

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 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.

Headquartered in Houston, Texas, CenterPoint Energy, Inc. is an energy delivery company with regulated utility businesses in eight states and a competitive energy businesses footprint in nearly 40 states. Through its electric transmission & distribution, power generation and natural gas distribution businesses, the company serves more than 7 million metered customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. CenterPoint Energy's competitive energy businesses include natural gas marketing and energy-related services; energy efficiency, sustainability and infrastructure modernization solutions; and construction and repair services for pipeline systems, primarily natural gas. The company also owns 54.0 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 14,000 employees and nearly $29 billion in assets, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

Built to a higher standard: Thousands of energy-efficient new homes being constructed in Minnesota

Minneapolis April 22, 2019 – CenterPoint Energy and Xcel Energy recently recognized 14 Minnesota companies with new home construction energy efficiency standards awards after successfully concluding the 2018 program year of the High Efficiency New Homes Program. The program's goal is to increase access to energy-efficient homes in Minnesota and is a joint offering to utility service area builders, successfully supporting the construction of more 5,000 energy efficient new homes in 2018. 

High Efficiency New Homes are built to a higher energy standard than code requires and create a lifetime of benefits to homeowners, including increased comfort, lower energy bills, healthier indoor spaces, and retained value.  Each participating home is inspected and tested by a third-party professional trained in advanced building science using the Home Energy Rating System (HERS). The HERS Index is the industry standard by which a home's energy efficiency is measured. It is also the nationally recognized system for inspecting and calculating a new home's energy performance by a HERS rater.

"The High Efficiency New Homes Program continues to be well-received by our customers," said Ryan Setterholm, senior administrator of Efficiency Programs for CenterPoint Energy. "Each year, we build upon our previous successes and are committed to helping our customers find ways to save energy and money."

In 2018, the program collectively saved more than 2.9 million kilowatt hours and 129,400 dekatherms, which is the equivalent of powering 1,899 passenger cars for an entire year according to the EPA greenhouse gas equivalencies calculator. CenterPoint Energy and Xcel Energy partner with ICF to deliver the program. ICF, a global consulting services company, has delivered more than 200,000 energy-efficient new homes for utility programs across the nation.

The utilities honored the following 14 top-performing program participants in 2018 at an event in early April:

  • Amaris Homes, LLC
  • Daytons Bluff, NHS
  • Derrick Custom Homes
  • Gorham Custom Homes, LLC
  • Hedberg Homes
  • Hendel Homes
  • Lennar
  • NIH Homes
  • R Henry Construction
  • RJ Stegora Inc
  • Sustainable 9 Design + Build
  • Center for Energy and Environment (HERS Rater)
  • St. Croix Energy Solutions Inc (HERS Rater)
  • XRG Concepts, LLC (HERS Rater)

"We are always working with our customers – large and small – to help them find ways to become more energy efficient," said Rob Buchanan, Xcel Energy portfolio product manager. "We're proud to work with home builders throughout Minnesota to help them bring healthy, comfortable and efficient new homes to future homeowners."

The 2019 program goal is to complete more than 3,500 high efficiency new homes. Participating new homes must complete a home energy rating performed by a certified home energy rater in good standing.

For more information about the program, including a list of all participating builders, contact Hannah Jansen at 1-612-253-9982 or email at Hannah.Jansen@icf.com.
 
About CenterPoint Energy
Headquartered in Houston, Texas, CenterPoint Energy, Inc. is an energy delivery company with   regulated utility businesses in eight states and a competitive energy businesses footprint in nearly 40 states. Through its electric transmission & distribution, power generation and natural gas distribution businesses, the company serves more than 7 million metered customers primarily in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. CenterPoint Energy's competitive energy businesses include natural gas marketing and energy-related services; energy efficiency, sustainability and infrastructure modernization solutions; and construction and repair services for pipeline systems, primarily natural gas. The company also owns 54.0 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 14,000 employees and nearly $29 billion in assets, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.
 
About Xcel Energy
Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices. For more information, visit xcelenergy.com or follow on Twitter and Facebook.

CenterPoint Energy appoints Xia Liu executive vice president and chief financial officer

Xia LiuHouston – April 18, 2019 – CenterPoint Energy, Inc. (NYSE: CNP) today announced the appointment of Xia Liu as executive vice president and chief financial officer, effective April 22. Liu will report to CenterPoint Energy president and chief executive officer Scott M. Prochazka and oversee the company’s finance organization, including accounting, corporate strategy, financial planning, commercial risk, investor relations, treasury, tax and enterprise performance measurement. She will serve as a member of CenterPoint Energy’s senior leadership team.

“With a proven track record of more than 20 years of finance and regulatory experience and a deep knowledge of the energy delivery business, I am confident that Xia will contribute immediately to advancing our vision to lead the nation in delivering energy, service and value,” said Prochazka. “Given her background and accomplishments, Xia will be instrumental in providing financial and strategic leadership to help drive CenterPoint Energy’s performance following our recent merger with Vectren.”

Liu joins CenterPoint Energy from The Southern Company and its subsidiary companies where she held roles of increasing responsibility over the past 20 years. Most recently, Liu served as executive vice president, chief financial officer and treasurer of Georgia Power Company in Atlanta. In this capacity, she oversaw accounting, financial planning and analysis, budgeting, treasury and internal controls. Prior to this role, Liu was vice president, chief financial officer and treasurer for Gulf Power Company in Pensacola, Fla., where she was responsible for accounting, financial planning and analysis, budgeting, treasury, internal controls, regulatory, rates and pricing, and forecasting functions. She also served as senior vice president of finance and treasurer for Southern Company.   

“CenterPoint Energy is a strong, diversified company with a commitment to safely meet the needs of a growing customer base and realize financial growth,” said Liu. “I look forward to collaborating with the leadership team to drive value for our shareholders, customers and communities, while enhancing growth opportunities for our businesses.”

Liu earned a bachelor's degree and master's degree in finance from Renmin University of China and a master's degree in business administration from Emory University. She also completed two years of study in the Ph.D. in Economics program at Emory University. 

Liu is a chartered financial analyst (CFA), an International Woman's Forum Leadership Foundation fellow, and has attended executive programs at Harvard University and INSEAD School of France.

Active in her community, Liu has served on numerous boards of directors, including the Atlanta Symphony Orchestra, the Pensacola Symphony Orchestra, Florida TaxWatch and Gulf Coast Health Systems. Liu currently serves on the board of Public Broadcasting of Atlanta, Georgia Council on Economic Education and the PACT World Organization, a non-profit international development organization that works to improve the lives of those challenged by poverty. She is also a graduate of Leadership Atlanta.  

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 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. Factors that could affect actual results include timing and impact of future regulatory and legislative decisions, effects of competition, weather variations, changes in business plans, financial market conditions and other factors discussed in CenterPoint Energy’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

Headquartered in Houston, Texas, CenterPoint Energy, Inc. is an energy delivery company with regulated utility businesses in eight states and a competitive energy businesses footprint in nearly 40 states. Through its electric transmission & distribution, power generation and natural gas distribution businesses, the company serves more than 7 million metered customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. CenterPoint Energy’s competitive energy businesses include natural gas marketing and energy-related services; energy efficiency, sustainability and infrastructure modernization solutions; and construction and repair services for pipeline systems, primarily natural gas. The company also owns 54.0 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 14,000 employees and nearly $29 billion in assets, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.