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Headquartered in Houston, CenterPoint Energy (NYSE: CNP) is a Fortune 500 energy utility that serves energy markets in Texas, Minnesota, Oklahoma, Arkansas, Louisiana, and Mississippi. Within Texas, they provide electric transmission and distribution as well as natural gas distribution. They are best known for maintaining the wires, poles, and the electric infrastructure within the Houston metropolitan area, covering over 5,000 square miles and 2.3 million customers.
Areas Served by CenterPoint Energy
CenterPoint provides electricity transmission and distribution as well as natural gas distribution in the Houston metro area including Houston, Kingwood, Galveston, Sugar Land, Spring, Katy, Cypress, and Tomball.
Shop for a Retail Electricity Provider in Centerpoint
The Centerpoint market area became deregulated in 2001. As a utility, Centerpoint does not sell electricity, they only deliver it and maintain the poles and wires. If you live in the Centerpoint delivery area, you must select a retail electricity provider (REP). There are over 70 REPs in Texas that serve the CenterPoint utility delivery area.
The power to choose means you have hundreds of options when it comes to selecting an electricity plan for you home. It can be confusing to shop for the best electricity rates with so many choices. ElectricityPlans.com makes it easy to compare electricity plans and find a great electric rate. Need help selecting an electricity plan? Use our free PlanScan service to get personalized recommendations.
Top Ten Best CenterPoint Electric Rates for your Home
|Frontier Utilities||Smart Budget 12||12||10.2 ¢||Details|
|Direct Energy||Veterans and Active Military 24||24||10.3 ¢||Details|
|Champion Energy Services||Champ Saver 18||18||10.3 ¢||Details|
|Pulse Power||Texas Fixed 18||18||10.4 ¢||Details|
|Direct Energy||Veterans and Active Military 12||12||10.5 ¢||Details|
|Champion Energy Services||Champ Silver 24||24||10.5 ¢||Details|
|Champion Energy Services||Champ Saver 24||24||10.6 ¢||Details|
|Discount Power||Value Plus 12||12||10.6 ¢||Details|
|Pulse Power||Texas Fixed 12||12||10.7 ¢||Details|
|Champion Energy Services||Champ Saver 12||12||10.8 ¢||Details|
These featured electricity plans have straight-forward rates, with no gimmicks. Regardless of your monthly kWh usage levels, you can have confidence that you won’t have any unexpected surprises in your monthly electric bill.
Shop CenterPoint Electricity Rates Near You
CenterPoint TDU Delivery Charges
CenterPoint utility delivery fees are regulated by the Public Utilities Commission of Texas (PUCT). The residential delivery rates are updated on March 1st and September 1st of each year. These rates are comprised of numerous tariffs that are approved by the PUCT. These fees pay for the maintenance of the poles and wires and meters that service your home and any system upgrades or repairs from storms. The TDU charges are passed through to the customer by the REPs in the monthly electric bill and are the same regardless of who supplies the electricity.Current & Historic CenterPoint TDU Delivery Charges
|Effective Date||Monthly Charge||$/kWh|
|September 1, 2020||$4.39||$.042308|
|April 23, 2020|
(Special Rate Case Update)
|March 1, 2020||$5.47||$.034485|
|September 1, 2019||$5.47||$.040512|
|March 1, 2019||$5.47||$.036983|
|September 1, 2018||$5.47||$.042536|
|March 1, 2018||$5.47||$.041084|
|September 1, 2017||$5.47||$.040313|
|March 1, 2017||$5.47||$.035676|
CenterPoint Energy History
Founded in 1882 by a franchise from the Houston City Council, Houston Electric Light & Power (HL&P) served the electricity generation, sales, and delivery needs of Houston customers up until 1990 when it merged to form NorAm Energy. NorAm merged with Houston Industries in 1997 and was renamed Reliant Energy. When Texas deregulated its electricity market in 2002, it spun off its electricity generation assets and retail electric provider operations and became known as CenterPoint Energy to focus on transmission and distribution.
CenterPoint Energy Awards and Recognition
CenterPoint has received many recent awards and recognition in the areas of Community, Diversity, Environmental, and Service. In 2016, they received the Climate Leadership Award from the Environmental Protection Agency (EPA). CenterPoint also received the highest scores on customer engagement among Texas transmission & distribution service providers (TDSPs) per a study performed by Cogent Reports. Additionally, CenterPoint Energy received the National Association of Industrial and Office Properties (NAIOP) Award of Excellence.
Centerpoint Energy knows that keeping electricity supplies safe and lines of communication open are high priorities. That’s why they have taken a customer-first approach to utilities, and has designed systems to ensure customers are in the loop as electricity-related problems are identified and serviced.
CenterPoint’s customer tools include:
- Power Alert Service. Customers can sign up to get informative email, text or calls when the power goes out. If the problem persists for more than a few minutes and cannot be resolved quickly, the system will send an estimated repair time, as well as a call when the problem is resolved.
- CenterPoint Power Outage Tracker. While you’re waiting for your home’s electricity to be restored, you can watch power outages clear up or track problems like storms using the outage tracker. Updated every five minutes, the outage tracker keeps Centerpoint Energy accountable for each and every customer’s electricity service reliability while your power lines are being restored.
- My Energy Analyzer. CenterPoint provides a free energy analysis tool to help customers understand household energy use and identify ways to reduce electricity.
CenterPoint works with all registered retail electricity providers (REPs) in the CenterPoint service area to provide fast, efficient transfer of service for customers. In order to start electricity service, you must first choose and contract with a REP. The Provider of Last Resort (POLR) in the CenterPoint service area is Reliant.