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.