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 152,423 customers, 0.07% of which are industrial properties, 12.64% are commercial customer accounts and 87.29% are residential customers. The average residential electricity rate for patrons of CenterPoint Energy is about 16.98 cents per kilowatt hour, which is 5.76% above the US average of 16.06 cents. They sold 4,396,229.84 megawatt hours in 2023 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 4,452,608.17 megawatt hours and purchased 842,038.48 wholesale megawatt hours. CenterPoint Energy earned $4,127,902,275.5 in 2023, $37,785,310 of which came from electricity sales on the wholesale energy market and $570,452,465.5 of which came from sales to residential electricity customers.

The nationwide average monthly residential electricity bill is $139.28, while the CenterPoint Energy average is 6.91% more at $148.9 per month. CenterPoint Energy ranks 2018th in the United States for average monthly bill amount. The provider is the 30th highest producer of megawatt hours from coal in the country out of 3530 providers. Of the 3530 electricity suppliers that we track in the US, CenterPoint Energy ranks as the 74th largest producer of megawatt hours from solar fields, with 95,260 megawatt hours produced. Consumers of the company have 1.58 power outages on average each year, with outages lasting around 144.29 minutes on average. The national averages for these data points are 1.44 outages at 123.49 minutes each.