CenterPoint Energy reaches settlement agreement with parties to lower bills for customers in its 2024 Houston Electric Rate Case

Settlement expected to result in approximately $50 million less revenue annually and a reduction in electric customer bills by about$1 a month for most customers while also continuing to deliver support for significant local economic growth and upgrades across Greater Houston areaCombination of rate case revenue reduction and other financial commitments, including some 2024 foregone storm recovery costs, would roughly equal the same amount that has been billed to CenterPoint customers for the temporary gen ...