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CenterPoint Energy, Inc. is an American utility company based in Houston, Texas, that provides electric and natural gas utility to customers in several markets in the American states of Indiana, Ohio, Louisiana, Minnesota, Mississippi, and Texas.
In 2026, local CenterPoint customers will be paying a lot more for their total electric bill than they are right now.
CenterPoint Energy's (CNP) Q1 results must have been benefitted from increased residential electric usage. However, storm related expenses might have hurt earnings.
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 ...
CenterPoint Energy's (CNP) service territories experienced above-normal winter temperatures throughout the first quarter of 2020, which is likely to have marred its quarterly revenues.
If I understand this claim, it is factually incorrect (and in fact impossible). In the deregulated Texas electric market, CenterPoint Energy is an electric Transmission and Distribution Service Provider (TDSP), which owns the power lines and poles, reads meters, and restores power when it goes out, but does NOT sell electricity.
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