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In December 2011, the non-partisan organization Public Campaign criticized CenterPoint Energy for spending $2.65 million on lobbying and not paying any taxes during 2008–2010, instead getting $284 million in tax rebates, despite making a profit of $1.9 billion, and having an executive pay between $12 and $13 million for its top 5 executives.
Houston Lighting & Power Co. (HL&P), later named Reliant Energy HL&P/Entex, was the single power and utility company that served Greater Houston of the U.S. state of Texas. It was a subsidiary of Houston Industries (HI, NYSE: HOU), [1] which later was renamed to Reliant Energy (REI). HL&P had a service area of 5,000 square miles (13,000 km 2 ...
OGE Energy is also the former parent of Enogex Inc., a natural gas pipeline business which merged with CenterPoint Energy's midstream business to form Enable Midstream in 2013, [4] in 2021 OGE and CenterPoint sold their general partnership in Enable Midstream to Energy Transfer. [5] OGE Energy and its subsidiaries have about 3,100 employees.
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More than 151,000 homes and businesses were without power across Texas Monday night, and more than 135,000 of those are CenterPoint customers, according to PowerOutage.us.
Frontier Communications Parent, Inc. is an American telecommunications company. [6] Known as Citizens Utilities Company until 2000, [7] Citizens Communications Company until 2008, [8] and Frontier Communications Corporation until 2020, [6] as a communications provider [9] with a fiber-optic network [10] and cloud-based services, [11] Frontier offers broadband internet, digital television, and ...
In 2003, Houston Industries was split into three companies. The power plants went to Texas Genco, CenterPoint Energy took over the distribution system, and the retail and wholesale electricity business became Reliant Energy. [28] In 2006, NRG Energy bought Texas Genco from a group of private equity firms for roughly $5.9 billion. [29]
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