CenterPoint Energy in Minnesota named Environmental Champion
National utility industry survey recognizes CenterPoint Energy for best-in-class dedication to the environment
2021-04-22T05:00:00Z

Minneapolis – April 22, 2021 – CenterPoint Energy today announced that its natural gas utility in Minnesota has been named an Environmental Champion in the Midwest for demonstrating a best-in-class dedication to the environment, according to a new national survey of utility customers.

The survey findings are reported in the Cogent Syndicated 2021 Utility Trusted Brand & Customer Engagement™: Residential study, released by Escalent, a leading human behavior and analytics firm.

CenterPoint Energy is Minnesota's largest natural gas utility, serving about 890,000 residential and business customers in more than 260 communities. Last year, CenterPoint Energy announced company-wide carbon policy goals to reduce operational emissions by 70% by 2035 and emissions attributable to customer natural gas use by 20-30% by 2040 (based on 2005 levels).

"CenterPoint Energy is proud to earn this recognition for our commitment to environmental stewardship based on direct feedback from customers," said Brad Tutunjian, CenterPoint Energy's vice president for Minnesota regional operations. "In addition to our long-standing commitment to energy efficiency, we're moving forward with innovative clean energy initiatives to limit the climate impact of our business and continue helping our customers reduce their own climate impact."

"Utilities are raising the bar on being champions of the environment as their customers learn more about climate change," said Chris Oberle, senior vice president at Escalent. "Consumer demand for utility efforts and offerings that help protect the environment is increasing every year. Our Environmental Champion utilities are proving to customers they are up to the challenge."

CenterPoint Energy's environmental and clean energy initiatives in Minnesota include:

Energy Efficiency – For more than 25 years, the utility's nation-leading energy efficiency programs have helped Minnesota residential and business customers reduce energy use, save money and limit their carbon footprint.

Natural Gas Innovation Act – CenterPoint Energy has proposed bipartisan legislation, currently pending in the Minnesota Legislature, to create a regulatory process that would support investment in innovative technologies to reduce emissions from natural gas use.

Renewable Natural Gas – CenterPoint Energy is promoting this new Made-in-Minnesota energy resource, produced by capturing and recycling biogas from farms, food waste, wastewater facilities and other sources.

Green Hydrogen – CenterPoint Energy is preparing to build a demonstration project in Minneapolis to produce this zero-carbon energy resource, made by safely splitting water into oxygen and hydrogen using renewable electricity.

Carbon Capture & Recycling – The utility is testing an innovative technology that captures carbon dioxide from business customers' natural gas appliances and converts it into a safe, nontoxic powder that can be reused in products.

System Improvements – CenterPoint Energy's investments in infrastructure upgrades and cutting-edge technologies are helping prevent and detect leaks, keeping natural gas in the pipe and out of the air.

Minneapolis Clean Energy Partnership – This partnership with the City of Minneapolis and Xcel Energy is helping the city reach its ambitious climate action and clean energy goals.

More information about CenterPoint Energy's environmental and clean energy efforts in Minnesota can be found at CenterPointEnergy.com/cleanenergymn.

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 December 31, 2020, the company owned approximately $33 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.

Forward Looking Statement

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 the CenterPoint Energy's carbon emissions reduction targets and commitments, 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.

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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.

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.

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.

 

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.

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.