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CenterPoint Energy

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602:(ERCOT) declared a statewide power generation shortfall emergency, due to a 34,000 MW shortfall in generation causing widespread blackouts. At 1:30 a.m., CenterPoint Energy started controlled, rotating outages in the Greater Houston area. At first, the company said that the outages are expected to last 10 to 45 minutes, but soon updated its statement that customers who are experiencing an outage should be prepared to be without power for the rest of Monday. The company also told its customers to temporarily lower their thermostat settings to help conserve natural gas across its eight state service territory. 580:. The two companies teamed up to work together to create electric vehicle consumer outreach and education programs; they also distributed details to various stakeholders about charging needs and the requirements needed to "ensure the electrical infrastructure can support the necessary demand." Additionally: "The Ford and CenterPoint Energy collaboration also includes developing strategies to minimize the emissions and distribution impacts of charging electric vehicles by using statewide system renewable energy resources and more efficient use of household electricity." 537: 140: 149: 36: 681: 355: 335: 315: 295: 272: 563:
for a pilot program in Texas centered on energy consumption. After working with 500-residential electricity customers in the Houston area, it was found that by using a smart meter, consumers cut down on energy use for the home. The pilot program was funded in part by the $ 200 million it received
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until midnight, as it was preparing to re-energize portions of the electric system. In the early hours of Thursday, the company restored electric service to approximately 1.39 million customers, while less than 7000 customers were about to be restored. Later at around Friday morning, ERCOT ended
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Overnight on Tuesday morning, CenterPoint Energy was able to restart the process of rolling the outages around, but had to stop at around 4 a.m. due to another ERCOT order because several third-party electric generators tripped offline. However, it was able to restart the process around
808:. October 20, 2008. Retrieved on April 14, 2014. "The plants were originally part of the former Houston Lighting & Power, the integrated utility that served the Houston area until it was broken up into three separate companies as the state deregulated its power markets." 475:
Until December 15, 2004, CenterPoint Energy and its predecessors operated in its various markets under these names; they were used separately prior to Reliant Energy, and later in conjunction with the Reliant Energy and CenterPoint Energy names:
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made landfall in Texas the early hours of July 8, 2024. The impact of the storm left 2.2 million CenterPoint customers without power, the largest number in the company's history, and the largest number in the state's history.
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1:30 p.m. the same day. Later that evening, CenterPoint Energy stated online that it was given another ERCOT order to reduce electric load and warned customers to make preparations for additional outages.
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underpass near the highway and Studewood Street, indicating the city's response to the company's lack of preparations and failure to give reliable information to its customers after the storm. On Friday, the
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On December 16, 2005, CenterPoint Energy Inc. said it would restate its finances for 2004 and the first three quarters of 2005 to correct accounting errors that overstated revenue and natural gas expenses.
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announced they had entered into a definitive merger agreement, with CenterPoint being the emerging head company. On February 1, 2019, the merger was completed and Vectren was delisted from the
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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.
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caused great disruption of service in the Greater Houston Area, wiping out 2.1 million of CenterPoint's 2.26 million clients' electricity.
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On Wednesday evening, CenterPoint Energy told its customers to conserve both power and natural gas starting at 6 p.m.
119: 86: 1171: 725: 68: 57: 779: 1185: 528:. CenterPoint retained the Vectren name for Vectren's service territory until it was retired on May 3, 2021. 1132: 17: 995:"CenterPoint cannot warn when power may be shut off, but says to expect outages into weekend Zach Despart" 461: 441: 235: 153: 502: 186: 46: 93: 637: 610: 506: 275: 489:
Arkla (Natural gas throughout Northern Louisiana, Northeast Texas, Oklahoma, and Arkansas)
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In March 2009, the company's five-year smart meter deployment began, delivering enhanced
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Entex (Natural gas throughout South and East Texas, Southern Louisiana and Mississippi)
440:, NorAm Energy, Houston Industries, and HL&P. The company is headquartered in the 1128:"30 Major U.S. Corporations Paid More to Lobby Congress Than Income Taxes, 2008-2010" 823: 804: 636:
On July 10, 2024, a graffiti mural with the name "CenterPointle$ $ " popped up on an
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emergency conditions, saying there is enough generation to go to normal operations.
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functionality to Retail Electric Providers (REPs). The company worked with the
465: 437: 239: 169: 1089:"'CenterPointless' graffiti removed from I-10 underpass. Here's what happened" 536: 1202: 666: 544: 464:(HL&P) was split into several companies. In 2003 HL&P was split into 405: 177: 855: 483:
Houston Lighting and Power (or HL&P) Houston-Galveston electric provider
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is an American utility company based in Houston, Texas, that provides
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Wolfe, Elizabeth; Killough, Ashley; Lavandera, Ed (2024-07-11).
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criticized CenterPoint Energy for spending $ 2.65 million on
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from Centerpoint. Later in 2006, Texas Genco was sold to
947:"Prepare to be without power", CenterPoint Energy says" 1036: 769:." CenterPoint Energy. Retrieved on January 14, 2009. 789:." Berger Iron Works. Retrieved on January 14, 2009. 676: 60:. Unsourced material may be challenged and removed. 1214:Former components in the Dow Jones Utility Average 540:A CenterPoint Energy facility in Downtown Houston. 594:At 1:25 a.m. on February 15, 2021, due to a 1200: 657:In December 2011, the non-partisan organization 590:February 13–17, 2021 North American winter storm 1209:Companies listed on the New York Stock Exchange 827:. October 2, 2005. Retrieved on April 14, 2014. 753:"CenterPoint Energy 2020 Annual Report Results" 910:Texans take a shine to in-home energy displays 800:Exelon bids for major Texas power producer NRG 726:"PG&E taps Jason Wells to be its next CFO" 531: 1219:Electric power companies of the United States 747: 745: 743: 741: 739: 700:Electric Reliability Council of Texas (ERCOT) 480:Minnegasco (natural gas throughout Minnesota) 1176:Business data for CenterPoint Energy, Inc.: 695:Deregulation of the Texas electricity market 576:formed a partnership to promote adoption of 493:In late 2004, four private equity firms—the 1019:. The Electric Reliability Council of Texas 1013:"ERCOT will end emergency conditions today" 583: 1224:Natural gas companies of the United States 736: 617: 520:On April 23, 2018, CenterPoint Energy and 147: 792: 120:Learn how and when to remove this message 1113:"CenterPoint Energy to Restate Finances" 904: 902: 900: 819:8 Houston power plants to be sold to NRG 535: 458:Texas deregulated the electricity market 1234:Companies based in Harris County, Texas 404:to customers in several markets in the 14: 1239:American companies established in 1882 1201: 1086: 1061: 881:"Vectren, CenterPoint Merger Complete" 897: 811: 645:(TxDOT) removed the graffiti mural. 600:Electric Reliability Council of Texas 360:(Fiscal Year Ended December 31, 2020) 340:(Fiscal Year Ended December 31, 2020) 320:(Fiscal Year Ended December 31, 2020) 300:(Fiscal Year Ended December 31, 2020) 280:(Fiscal Year Ended December 31, 2020) 156:, CenterPoint Energy headquarters in 436:, the company was formerly known as 58:adding citations to reliable sources 29: 1125: 624:Effects of Hurricane Beryl in Texas 24: 643:Texas Department of Transportation 598:affecting the state of Texas, the 25: 1255: 1156: 878: 723: 679: 572:In 2010, CenterPoint Energy and 354: 353: 334: 333: 314: 313: 294: 293: 271: 270: 138: 34: 1119: 1105: 1080: 1055: 1030: 1005: 987: 963: 939: 915: 564:from the federal stimulus act. 45:needs additional citations for 1087:Briggs, Shakari (2024-07-19). 872: 848: 830: 772: 759: 717: 13: 1: 885:www.insideindianabusiness.com 710: 509:—combined forces to purchase 1244:1882 establishments in Texas 1133:International Business Times 1062:Grunau, Sarah (2024-07-11). 648: 462:Houston Lighting & Power 444:at 1111 Louisiana Street in 219:; 142 years ago 7: 672: 532:September 2008 power outage 10: 1260: 1229:Companies based in Houston 621: 587: 472:, and CenterPoint Energy. 451: 551:Smart meter pilot program 375: 365: 345: 325: 305: 285: 266: 246: 231: 213: 205: 175: 165: 146: 137: 780:CenterPoint Energy Tower 596:major cold-weather event 584:2021 Texas power outages 442:CenterPoint Energy Tower 394:CenterPoint Energy, Inc. 236:CenterPoint Energy Tower 154:Centerpoint Energy Plaza 133:CenterPoint Energy, Inc. 618:2024 Texas power outage 503:Kohlberg Kravis Roberts 541: 507:Hellman & Friedman 539: 371:8,827 (December 2023) 1068:Houston Public Media 667:not paying any taxes 561:Department of Energy 69:"CenterPoint Energy" 54:improve this article 767:Contact Information 522:Vectren Corporation 517:of Princeton, N.J. 495:Texas Pacific Group 402:natural gas utility 367:Number of employees 338:US$ 33.471 billion 257:CEO & President 134: 975:CultureMap Houston 785:2012-07-05 at the 574:Ford Motor Company 542: 383:.centerpointenergy 358:US$ 8.348 billion 298:US$ 1.039 billion 132: 1140:on 7 January 2012 1126:Portero, Ashley. 1093:Houston Chronicle 999:Houston Chronicle 824:Houston Chronicle 805:Houston Chronicle 578:electric vehicles 568:Electric vehicles 391: 390: 318:US$ –773 million 130: 129: 122: 104: 16:(Redirected from 1251: 1172:Company timeline 1168: 1167: 1165:Official website 1150: 1149: 1147: 1145: 1136:. 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" 810: 791: 771: 758: 735: 724:Kosur, James. 715: 714: 712: 709: 708: 707: 702: 697: 691: 690: 674: 671: 650: 647: 622:Main article: 619: 616: 588:Main article: 585: 582: 553: 552: 533: 530: 491: 490: 487: 484: 481: 466:Reliant Energy 453: 450: 438:Reliant Energy 432:. Part of the 389: 388: 377: 373: 372: 369: 366: 363: 362: 351: 343: 342: 331: 323: 322: 311: 306: 303: 302: 291: 286: 283: 282: 278:7.418 billion 268: 264: 263: 253:Jason P. 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Centerpoint Energy Plaza
Downtown Houston
Public
Traded as
NYSE
CNP
S&P 500
CenterPoint Energy Tower
Houston, Texas
Jason P. Wells
CEO & President
US$
Operating income
Net income
Total assets
Total equity

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