CenterPoint Energy

About CenterPoint Energy

CenterPoint Energy is an investor owned company operating in 3 states in the nation. The company recently reported a total of 151,849 customers, 0.08% of which are industrial properties, 12.63% are commercial customer accounts and 87.30% are residential customers. The average residential electricity rate for patrons of CenterPoint Energy is about 17.61 cents per kilowatt hour, which is 12.65% above the US average of 15.64 cents. They sold 4,593,480.1 megawatt hours in 2022 through retail accounts. The electricity they sourced was made up of megawatt hours generated by the company in power plants they own and megawatt hours that they procured by way of the wholesale electricity market. They generated 5,020,259.8 megawatt hours and purchased 888,114.14 wholesale megawatt hours. CenterPoint Energy earned $3,917,392,875 in 2022, $55,056,190 of which came from electricity sales on the wholesale energy market and $586,497,485 of which came from sales to residential electricity customers.

The nationwide average monthly residential electricity bill is $132.69, while the CenterPoint Energy average is 12.15% more at $148.81 per month. CenterPoint Energy ranks 2221st in the United States for average monthly bill amount. The provider is the 29th highest producer of megawatt hours from coal in the country out of 3517 providers. Of the 3517 electricity suppliers that we track in the US, CenterPoint Energy ranks as the 71st largest producer of megawatt hours from solar fields, with 99,894 megawatt hours produced. Consumers of the company have 1.01 power outages on average each year, with outages lasting around 103.4 minutes on average. The national averages for these data points are 1.27 outages at 137.24 minutes each.