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We are partnering with the community in pursuit of a Smart Energy Future® influenced by customers. We commit to providing continued reliability through a balanced and flexible energy mix and helping to create a cleaner environment driven by increased renewables and significant carbon reductions, all while responsibly managing costs.

As our older electric assets continue to age and new and even more efficient technologies emerge, we have a plan for ensuring a reliable, reasonably priced and well-balanced energy mix for southwestern Indiana to ensure that we bring you energy for what matters most.

Current Events

Striving to improve our infrastructure to deliver the energy you need for your day-to-day lives.

We have filed a rate case with the Indiana Utility Regulatory Commission - our first since 2009. In the 14 years since our last rate case, CenterPoint's total electric bill has only increased an average of 0.5% per year, which is well below the rate of inflation.

Learn more

A Smarter Energy Future

Through a combination of innovative practices, we have improved our operations and upgraded our energy delivery infrastructure to help with our transition to a cleaner future. Learn more about building a smart energy future in the video below.

Our comprehensive plan has three pillars to help bring you energy for what matters most

Bring cleaner more reliable generation to the regions

Highlights of this plan include:

Could lower carbon emissions by nearly 75% from 2005 levels
Retiring or exiting agreements involving 730 megawatts (MW) of traditional generation
Adding 460 MW of natural gas combustion turbines for peak generation needs
Added enough solar to power 100,000+ homes annually

Sustainably upgrading our grid

CenterPoint plans to continue making strategic long-term infrastructure investments to maintain and enhance reliability and resiliency, manage life-cycle assets from aging equipment, and modernize the grid while striving to safely deliver service.

Dropped storm related outages by 10 minutes over the last 5 years
Trimmed trees along 7,000 miles of electric distribution lines
Replaced or installed over 220 miles of overhead conductors
Replaced 135 substation circuit breakers
Upgraded and installed nearly 130 miles of transmission lines

Customer tools and programs just for you

Smarter meters:

We rolled out new electric meters that virtually eliminate estimated bills, enable quicker service, and faster electric outage identification and provide more tools for you to manage your energy use. Smart meters are the key to supporting your smart energy future.

Stay informed with Power Alert Service:

Be in the know about power outages affecting your home or business with free text message, email or phone call notifications when the power goes out.

Find out more

Energy Efficiency programs:

CenterPoint provides a range of rebates, incentives and programs making it easier for our customers to adopt sustainable practices while saving money.

Find out more

Understanding further impacts of the plan to your bill

Reliability Cost and Revenue Adjustment

The recently approved Reliability Cost and Revenue Adjustment (RCRA) took effect Nov. 30, 2023. As a result, a residential customer using 1,000 kWh will see an increase of approximately $16.55 on their monthly bill. As we transition our electric generation portfolio, additional capacity is required to meet our customers’ reliability needs. It’s essential we’re able to continue to provide consistent and reliable power delivery.

Updated annually, the RCRA reconciles reliability costs and revenues with those costs and revenues already included in base rates. As the company continues its long-term electric generation transition and remains in compliance, CenterPoint Energy was required by EPA regulations to shut down the A.B. Brown coal-fired generation units this past October. As construction continues on our approved renewable projects and natural gas combustion turbines, CenterPoint Energy is required by the Midcontinent Independent System Operator (MISO) to secure the necessary electric generating capability (capacity) to serve our 150,000 customers. The additional purchased capacity has been secured in a prudent manner, shielding customers from the potential for further impacts that could result from market volatility. The need for additional purchased capacity will decrease, but remain an essential need, as renewable projects are built and brought online over the next several years. CenterPoint Energy is committed to maintaining reliability for its southwestern Indiana electric customers.

Securitization facts:

We have listened to our customers/stakeholders and are working on cost-effective strategies to help keep customer bills as low as possible.
The generation transition from coal to more renewable energy, backed up by traditional dispatchable resources, is expected to save customers in the long run over the continued use of coal plants. In fact, the next step in our generation transition plan to add more sustainable, renewable energy and convert the last remaining coal plant that we operate to natural gas is expected to save customers nearly $80 million dollars over the next 20 years.
The securitization pilot, which was approved by the Indiana Utility Regulatory Commission in January 2023, is expected to drive nearly $53 million in additional customer savings in the long run versus traditional ratemaking for existing coal units.
After June 29, 2023, when securitization bonds were issues, customers started realizing securitization credits on their bills.

How will I see savings?

Three new tariffs were implemented on June 29, 2023. The Securitization Rate Reduction ("SRR") removes net plant associated with A.B. Brown coal units 1&2 from customer rates. The Securitization ADIT Credit ("SAC") provides a credit for Accumulated Deferred Income Taxes associated with A.B. Brown units 1&2. The Securitization Coal Plant Charge ("SCP") is the charge to pay for the securitization assets.

What will my bill savings be and when will I start to see it?

. Customers began seeing lower bills in July 2023. The table below shows the expected monthly savings based on monthly average usage per customer. For example, a typical residential customer uses approximately 900 kWh per month. At this level, a residential customer will see a bill credit of just under $5.00 a month. In all, securitization is expected to save customers nearly $53 million versus traditional ratemaking.

Tariff Class	SSR Credit	SCP Charge	SAC Credit	Net Securitization Charge/(Credit)	Montly Average Use Per Customer (kWh)	Monthly Net Bill Impact
RS	($0.013387)	$0.009040	($0.001060)	($0.005407)	899	($4.86)
B	($0.008371)	$0.006030	($0.000663)	($0.003004)	170	(0.51)
SGS	($0.013390)	$0.009540	($0.001061)	($0.004911)	504	($2.48)
DGS	($0.013230)	$0.009390	($0.001048)	($0.004888)	10,126	($49.49)
OSS	($0.012756)	$0.009230	($0.001010)	($0.004537)	9,174	($41.62)
LP/Other Large/BAMP/HLF	($0.006000)	$0.004370	($0.000475)	($0.002105)	1,541,293	($3,244.12)
Lighting	($0.006384)	($0.007220)	($0.000836)	$0.000000		$0.00

How does securitization work?

The remaining book value for AB Brown coal units (along with other qualified costs identified in Ind. Code ch.8-1-40.5) are financed through the issuance of long-term, low-cost securitization bonds. At the same time, AB Brown coal units, which were previously financed at a higher rate, were removed from customer rates. The net of the securitization charge and the removal of AB Brown coal units from rates will result in lower customer bills.

When was the securitization law passed?

On February 15, 2021, the state of Indiana passed SB 386. It became Ind. Code ch.?8-1-40.5, and allowing for a securitization pilot that benefits CenterPoint energy customers.

When will AB Brown coal units be retired?

AB Brown coal units were retired in October 2023.

Will CenterPoint earn money on retiring AB Brown coal units through securitization?

No. CenterPoint will recover the remaining principal balance of its investment upon the sale of securitization bonds and will no longer earn money on this investment.

Will CenterPoint earn money on securitization bonds?

No. The securitization bonds will be owned by investors. CenterPoint will be the collection agent for the securitization bonds until fully repaid. Customers will pay for the bonds through a non-bypassable charge.

Do all customers pay for the securitization charge?

Yes. It is required under the Indiana code.

For more information on this filing, please see the Legal Notice, or you can search docket number 45722.

A Smarter Energy Future

O​​​​​​ur comprehensive plan has three pillars to help bring you energy for what matters most​​​​​​

​Bring cleaner more reliable generation to the regions

​Sustainably upgrading our grid

Customer tools and programs just for you

​Understandin​g further impacts of the plan to your bill

Reliability Cost and Revenue Adjustment

​Securitization facts:

Our comprehensive plan has three pillars to help bring you energy for what matters most

Bring cleaner more reliable generation to the regions

Sustainably upgrading our grid

Understanding further impacts of the plan to your bill

Securitization facts: