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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CenterPoint Energy declares regular Common Stock dividend of $0.1800

HOUSTON, Sept. 29, 2022 - CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared a regular quarterly cash dividend of $0.1800 per share on the issued and outstanding shares of Common Stock payable on December 8, 2022 to shareholders of record at the close of business on November 17, 2022.

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 Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. As of June 30, 2022, the company owned approximately $35 billion in assets. With approximately 8,900 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:
Investor_Relations@CenterPointEnergy.com

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CenterPoint Energy mobilizes support for power restoration efforts in Florida

Houston – Sept. 27, 2022 –CenterPoint Energy has deployed nearly 100 linemen and support personnel from Houston and Indiana to assist with power restoration efforts in the Tampa, Florida area following the expected impact of Hurricane Ian later this week.

"Our linemen and support personnel are skilled to perform in any type of condition, just like they do for our customers at home," said Nathan Brownell, director of Distribution Operations and Control for CenterPoint Energy. "As part of nationwide electric utility mutual assistance programs, CenterPoint Energy is fully committed to supporting power restoration efforts at our peer utilities and restoring service to affected customers as safely and quickly as possible."

CenterPoint Energy crews will begin working 16-hour shifts as soon it is safe to do so, and will continue to take the necessary steps to protect the safety and well-being of customers, employees, contractors and communities.

CenterPoint Energy is part of electric utility mutual assistance programs that provide access to thousands of linemen and tree trimmers from around the country to lend a hand during widespread power outage emergencies. Coming to the aid of other utilities is nothing new to CenterPoint Energy employees. Over the years, crews have responded and restored power to hundreds of thousands of customers throughout the country who have been left in the dark following hurricanes, ice storms, tornadoes and severe thunderstorms.

For updates, follow CenterPoint Energy on Twitter: @CNPAlerts and Facebook: Facebook.com/CenterPointEnergy.


Call CenterPoint Energy for Cold Weather Rule protection

Minneapolis – Sept. 26, 2022 – CenterPoint Energy is reminding residential customers about Minnesota's Cold Weather Rule, which protects Minnesotans who may have difficulty paying their heating bill by preventing disconnection of their natural gas service from Oct. 1, 2022, through April 30, 2023.

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 Gas. "As long as you follow a payment plan, the Cold Weather Rule will prevent disconnection of your natural gas service and help 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, including Minnesota's Energy Assistance Program. This federally-funded program helps pay for home heating costs and furnace repairs for income-qualified households. Applications are accepted beginning Oct. 1.

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.

Customers are encouraged to take advantage of energy efficiency offerings and resources to assist in managing natural gas bills this heating season. More information on rebates, energy-saving products and the Home Energy Squad® program can be found at CenterPointEnergy.com/SaveEnergy.

CenterPoint Energy is Minnesota's largest natural gas utility, serving 900,000 residential and business customers in more than 260 communities.


CenterPoint Energy seeks approval for 130 megawatts of renewable energy to serve southwestern Indiana

- Renewables represent third round of proposed solar agreements related to company's Smart Energy Future Plan

- CenterPoint Energy selects Pike County for 130-megawatt solar array development

EVANSVILLE, Ind., July 29, 2022 - CenterPoint Energy (NYSE: CNP) today announced its Indiana-based electric and natural gas business, CenterPoint Energy Indiana South, is seeking approval from the Indiana Utility Regulatory Commission (IURC) to acquire a 130-megawatt (MW) solar array as part of the company's long-term electric generation transition plan.

CenterPoint Energy has entered into an agreement with Invenergy, who will construct the 130-MW utility-owned project in Pike County, Ind., to acquire the project upon its completion. This project represents the third round of solar agreements introduced as part of the utility's plan to meet stakeholder sustainability goals and implement a more cost-effective and diversified energy generation portfolio. The agreement is subject to IURC approval. The company was previously granted approval to build a solar array in Posey County now sized at 200 MW, as well as enter into power purchase agreements totaling more than 400 MWs in Warrick, Vermillion and Knox Counties in Indiana.

"By seeking to add another universal solar project to our renewable energy portfolio, we continue to move forward with our long-term generation transition plan and remain committed to our economic and environmental goals for the region," said Steve Greenley, Senior Vice President of Generation Development. "If approved, with the addition of this project, CenterPoint Energy will be adding nearly 800 MWs of solar generation to power our southwestern Indiana customers."

Michael Kaplan, Senior Vice President of Renewable Development at Invenergy, said, "Invenergy is pleased to be working with CenterPoint Energy to support the utility's generation transition goals and to provide its customers in Indiana with clean energy. Our team looks forward to the completion of this project and growing our project portfolio within the state."

Construction of the Pike County solar project is expected to begin upon obtaining a decision from the IURC which is expected in early 2023. The project will support approximately 130 construction jobs during the construction period and is expected to be placed into service in 2025.

"We are committed to delivering reliable energy generation in the most cost-effective manner for our customers, while contributing to Indiana's clean energy infrastructure," added Greenley. "CenterPoint Energy would like to recognize officials in Pike County for their support of this project and efforts to bring cleaner energy solutions to our communities."

For more information on CenterPoint Energy's long-term electric generation transition plan, visit www.centerpointenergy.com/smartenergyfuture.

CenterPoint Energy delivers electricity to approximately 150,000 customers in southwest Indiana in all or portions of Gibson, Dubois, Pike, Posey, Spencer, Vanderburgh and Warrick counties. Programs and services are operated under the brand CenterPoint Energy by Southern Indiana Gas and Electric Company d/b/a CenterPoint Energy Indiana South.

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, including anticipated cost and timing of the project, including IURC approval and construction, the number of anticipated job opportunities related to the project, the anticipated size and capacity of the generation transition plan and the mix of renewable resources for CenterPoint Energy's generation transition, 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 disruption to the global supply chain; (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, 2021, CenterPoint Energy's Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 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 Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. As of March 31, 2022, the company owned approximately $35 billion in assets. With approximately 8,900 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

About Invenergy
Invenergy drives innovation in energy. Invenergy and its affiliated companies develop, own, and operate large-scale renewable and other clean energy generation and storage facilities in the Americas, Europe, and Asia. Invenergy's home office is located in Chicago, and it has regional development offices in the United States, Canada, Mexico, Spain, Japan, Poland, and Scotland.

Invenergy and its affiliated companies have successfully developed more than 30,000 megawatts of projects that are in operation, construction, or contracted, including wind, solar, transmission infrastructure and natural gas power generation and advanced energy storage projects. Learn about Invenergy at Invenergy.com.

For more information contact

Media Relations
Media.Relations@CenterPointEnergy.com
Investor Relations
Investor.Relations@CenterPointEnergy.com

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CenterPoint Energy declares an increase to the regular Common Stock quarterly dividend to $0.1800 and Series A Preferred Stock dividend of $30.6250

HOUSTON, July 21, 2022 - CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared dividends on shares of its Common Stock and Series A Perpetual Preferred Stock.

Common Stock Dividend

The company's board of directors declared a regular quarterly cash dividend of $0.1800 per share on the issued and outstanding shares of Common Stock payable on September 8, 2022 to shareholders of record at the close of business on August 18, 2022. This quarterly dividend represents a $0.01 increase over the prior quarter and aligns with an 8% annual dividend growth rate when compared to 2021.

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, 2022 to shareholders of Series A Preferred Stock of record at the close of business on August 15, 2022.

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 Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. As of March 31, 2022, the company owned approximately $35 billion in assets. With approximately 8,900 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:
Jackie Richert
Phone        713.207.6500

 

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