May 16, 2019
Public Meeting on CenterPoint Entergy Houston Electric’s Rate Increase
On April 5, 2019 CenterPoint Energy Houston Electric filed an application to change rates with the City of Houston for customers within city limits. CenterPoint also filed a similar application with each city within the Company’s service area and with the Public Utility Commission for customers within unincorporated areas.
A public meeting regarding the CenterPoint proposed electric rate change will be held May 29, 2019 at 6:00pm, in the City Hall Annex, Public Level — 900 Bagby, Houston, TX 77002. The purpose of the Public Meeting is to provide Houston CenterPoint customers with an opportunity to comment on the Company’s electric customer service and proposed rate change.
If you are unable to attend the meeting, you may submit comments to: Alisa Talley, Division Manager, Administration and Regulatory Affairs, 611 Walker, 13th Floor, Houston, TX 77002 or firstname.lastname@example.org.
More about CenterPoint’s Electric Rate Change Request. CenterPoint is proposing to increase retail electric customer rates by approximately $186.6 million. CenterPoint, is also proposing, through a separate TCJA (TAX Cut and Jobs Act) Rider, to return approximately $97 million to customers over a three-year period. The TCJA Rider reduces the Company’s request by approximately $32.4 million to $154.2 million annually for a three-year period. After the three-year period, the TCJA Rider expires, and retail customers will pay the full $186.6 million increase. If CenterPoint’s proposed rates are adopted, the average residential customer using 1,000 kWh per month would experience an approximate 1.91% increase — $2.50 per month for the first three years, assuming an existing retail rate of $0.125 per kWh. Similar data is not immediately available for the years after the TCJA Rider expires but will be requested from CenterPoint. A complete copy of CenterPoint’s filed Application is available for review upon request with the City Secretary’s Office.
For more information, please contact Alisa Talley at email@example.com or 832.393.8531.