CenterPoint Energy and HomeServe USA partner to provide home protection services to customers
Home repair plans will be available to CenterPoint Energy natural gas customers in Texas
2018-06-13T10:45:00Z

Houston – June 13, 2018 – CenterPoint Energy (NYSE: CNP) and HomeServe USA Corp. (HomeServe), a provider of emergency home repair programs to homeowners nationwide, today announced a new partnership through which CenterPoint Energy's natural gas customers in Texas will be able to purchase service plans for several household systems.

CenterPoint Energy and HomeServe's new program will offer a suite of service plans covering repairs to several energy-consuming and other home systems, 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 designed to protect homeowners from the inconvenience and unexpected expenses associated with repairs to these critical household systems. The initial rollout will include protection for customer-owned natural gas lines and cooling systems, and will be available later this summer.

"CenterPoint Energy prides itself on being a trusted energy advisor, so we are pleased to work with HomeServe to provide our customers access to these new valuable services," said Gregg Knight, senior vice president and Chief Customer Officer of CenterPoint Energy. "CenterPoint Energy provides high-quality, highly rated energy delivery to our customers. These new service plans are a natural extension and will provide homeowners with a low-cost, peace-of mind option for unexpected repairs to covered systems."

The Gas Line service plan, for example, will offer homeowners protection against the expense and inconvenience of repairs to the customer-owned natural gas line from the CenterPoint Energy meter up to and including the connectors to each natural gas appliance inside the home. The plan would also cover repairs to the piping leading to connectors to natural gas appliances outside around the property, such as a natural gas grill or natural gas pool heater. Future offerings will include service plans to help repair or maintain energy-consuming appliances, which will help them use energy more efficiently. 

"HomeServe shares the same level of commitment to quality customer service as CenterPoint Energy," said John Kitzie, CEO of HomeServe. "Our cost-effective service plans provide a better way for customers to secure and pay for repairs through our reliable network of qualified local contractors."  

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 five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, 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 nearly 8,000 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 3.6 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. As an A+ rated Better Business Bureau Accredited Business, HomeServe is dedicated to being a customer-focused company supplying best-in-class repair plans and other services to consumers directly and through over 550 leading municipal, utility and association partners. For more information about HomeServe, a 2017 Connecticut Top Workplace winner and recipient of eighteen 2018 Stevie Awards for Sales & Customer Service, or to learn more about HomeServe's affordable repair plans, please go to www.homeserveusa.com. To connect with HomeServe on Facebook and Twitter, please visit www.facebook.com/homeserveusa and www.twitter.com/homeserveusa.

 

For more information:

 

CenterPoint Energy

Media:  Leticia Lowe   

Phone: 713-207-7702

Investors:  David Mordy

Phone: 713-207-6500

 

HomeServe USA

Myles Meehan                                                

Phone: 203-356-4259                                       

             

Hill+Knowlton Strategies for HomeServe USA

Merrie Leininger

Phone: 775-846-0664

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CenterPoint Energy names two leadership positions

Houston – July 30, 2020 – CenterPoint Energy today announced the promotions of two company leaders:

Tony Gardner has been promoted to Vice President, Customer Experience. Gardner joined CenterPoint Energy in 2012 and has more than 18 years in customer experience roles, including leading the Home Service Plus business, customer billing, contact centers, credit and collections and vendor relations. In 2018, Gardner served as the co-lead for the Customer Operations integration team during the project to combine CenterPoint Energy and Vectren operations. In his new role, which he's been serving on an interim basis since September 2019, he provides strategic leadership to CenterPoint Energy's utility customer experience value chain, including Customer Service, Credit, Collections and Billing, as well as Performance and Workforce Management. Gardner currently serves as a board member for Share the Warmth, which assists customers with their heating needs, and Vectren Employee Activities Organization, which funds programs for company employees and retirees. He is also a mentor for Communities in Schools and a member of National Society of Leadership and Success.
 
Miles Kenny has been promoted to Vice President of Gas Supply. Kenny joined CenterPoint Energy in 2012 and has more than 20 years of experience in the energy industry, holding various leadership positions. He has been an integral leader in several CenterPoint Energy's largest supply and pipeline negotiations as well as multiple regulatory efforts. In his new role, Kenny oversees Gas Supply and Transportation, Gas Supply Administration and System Operations. In 2018, he was appointed to the United States Department of Energy's National Petroleum Council task force, focused on supply reliability, where he led the Resiliency subgroup. He is a founding board member of the L3 Foundation, an organization looking for a cure for pediatric cancer. Kenny is also president of the Kingwood Men's High School Lacrosse Club.

CenterPoint Energy declares regular common stock dividend of $0.1500, Series A Preferred Stock dividend of $30.6250 and Series B Preferred Stock dividend of $17.5000

HOUSTON, July 29, 2020 - CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared dividends on shares of its common stock, Series A Perpetual Preferred Stock and Series B Mandatory Convertible Preferred Stock.

Common Stock Dividend

The company's board of directors declared a regular quarterly cash dividend of $0.1500 per share on the issued and outstanding shares of Common Stock. The dividend will also be payable to holders of shares of Series C Mandatory Convertible Preferred Stock which participate with the Common Stock on an as-converted basis. The dividend will be payable September 10, 2020 to holders of Common Stock and Series C Preferred Stock of record at the close of business on August 20, 2020.

Series A Preferred Stock Dividend

The company's board of directors declared a regular semiannual cash dividend of $30.6250 per share on the issued and outstanding shares of Series A Preferred Stock payable September 1, 2020 to holders of Series A Preferred Stock of record at the close of business on August 14, 2020.

Series B Preferred Stock Dividend

The company's board of directors declared a regular quarterly cash dividend of $17.5000 per share on the issued and outstanding shares of Series B Preferred Stock payable September 1, 2020 to holders of Series B Preferred Stock of record at the close of business on August 15, 2020. As August 15, 2020 falls on a Saturday, the effective record date for the dividend will be the close of business on August 14, 2020. 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.

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 & 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 March 31, 2020, the company owns approximately $33 billion in assets and also owns 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 9,600 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events 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.

For more information contact
Media:
Alicia Dixon

Phone 713.207.5885
Investors:
Dave Mordy
Phone 713.207.6500

SOURCE CenterPoint Energy, Inc.

CenterPoint Energy names three executive positions

Houston – July 23, 2020 – CenterPoint Energy today announced the promotions of three company executives:

Lynne Harkel-Rumford has been promoted to Senior Vice President and Chief Human Resources Officer. She joined CenterPoint Energy's Legal department in 1999, moved to the Human Resources department in 2014, and has served in a variety of leadership roles with increasing responsibility. Harkel-Rumford has extensive experience in compensation and benefits matters. In her new role, she will oversee several corporate functions, including Talent, Compensation and Benefits, Labor Relations, Learning and Organizational Development, Communications and Community Relations, Facilities Management and Corporate Security. Harkel-Rumford is a member of the Houston Bar Association and Texas Bar and serves on the board of Target Hunger in Houston.

Monica Karuturi has been promoted to Senior Vice President and General Counsel. Since joining CenterPoint Energy in 2014, she has led more than $20 billion in mergers and acquisitions and financing transactions. During her tenure with the company, Karuturi has served in various leadership roles, including counsel for corporate, finance and strategic transactions. In her new role, she will oversee Corporate, Finance, Governance, Securities and Commercial law, Litigation and Claims, Internal Audit, Enterprise Risk Management, Insurance and Ethics, Compliance and Privacy. Karuturi was appointed as a Commissioner of the Texas Access to Justice Commission by the Texas Supreme Court in June 2015. She is a member of the Houston Pro Bono Joint Initiative Planning Committee, on the Advisory Council of the Tahirih Justice Center, and a member of the Legal Services to the Poor in Civil Matters Committee of the Texas Bar Association. She also serves on the Board of the CenterPoint Energy Foundation.

Robert McRae has been promoted to Vice President and Treasurer. He joined CenterPoint Energy in 2011and has played an integral role in the Finance organization, including his leadership of the integration planning team that successfully managed the Finance and Accounting areas and activities for the CenterPoint Energy-Vectren transaction. In his new role, McRae will oversee financing and investing activities, cash management, bank relationships, benefit plan administration, compliance reporting and corporate credit risk functions. He will also be responsible for managing financial risk as it relates to treasury operations, including annual interest expense, debt, the company's commercial paper program and revolving credit facilities.

CenterPoint Energy shares important natural gas safety tips in preparation for potentially severe weather

Houston – July 22, 2020 – CenterPoint Energy continues to monitor the forecasts closely as potentially severe weather heads toward the Gulf of Mexico. The company urges customers to keep important pre- and post-storm natural gas safety tips top of mind to stay safe.

  • Do not turn off your natural gas service at the meter in advance of the storm; doing so could allow water to enter the natural gas lines should flooding occur. If you wish to discontinue gas service, turn off the natural gas at each appliance.
  • Always be alert for the smell of natural gas. If you smell gas, leave the area immediately on foot 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 888-876-5786 and CenterPoint Energy 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.

For more information, natural gas safety tips and other resources, visit CenterPointEnergy.com/WeatherSafety

CenterPoint Energy encourages customers to utilize payment arrangements, bill assistance during COVID-19

Houston – July 16, 2020 - CenterPoint Energy is encouraging customers to contact the company if they are experiencing financial difficulty and may need payment assistance, arrangements or extensions during the COVID-19 situation. While CenterPoint Energy has currently suspended natural gas service disconnections, customers are encouraged to call now to avoid a disruption once the suspension ends. 

"We remain committed to keeping our customers' interests and well-being top of mind during the pandemic and ask that they contact us as soon as possible so we can offer bill payment assistance," said Tal Centers, vice president of Gas Operations in Texas. "While we have not yet resumed disconnections due to nonpayment, we want to ensure customers have plenty of time to contact us and make arrangements for outstanding balances."

If you need payment assistance, we encourage you to contact customer service for guidance regarding payment programs in your area. In many cases, as part of COVID-19, qualification guidelines for assistance have been relaxed to assist as many customers as possible.

Customers can visit CenterPointEnergy.com/PaymentAssistance or log into CenterPointEnergy.com/MyAccount to request a payment extension or arrangement.

CenterPoint Energy also asks that customers be mindful of scammers targeting utility customers during this time. The company would never call and demand payment over the phone or by prepaid debit card to avoid disconnection.